CONSHOHOCKEN, PA — Cencora Inc. (NYSE: COR) announced it recently signed a definitive agreement to acquire EyeSouth Partners’ retina business for $1.1 billion, expanding its Retina Consultants of America network.
Upon closing, EyeSouth’s affiliated retina physicians will join Retina Consultants of America, a management services organization operated by Cencora.
The company said the transaction is subject to customary closing conditions, including regulatory approvals.
Cencora expects the acquisition to be slightly accretive to adjusted diluted earnings per share within the first 12 months after closing, excluding financing costs.
The company said its fiscal 2026 financial guidance, which it reaffirmed, does not currently include the impact of the transaction.
Robert P. Mauch, president and chief executive officer of Cencora, said the acquisition will add physicians to its existing retina network.
“By joining RCA, these physicians will become part of an organization with capabilities designed to provide retina care and be supported by Cencora’s longstanding commitment to community physicians,” Mauch said.
David Brown, chief medical officer of Retina Consultants of America, said the addition of EyeSouth physicians will support treatment development.
“We look forward to collaborating with the well-trained and respected EyeSouth Partners’ physicians as we work together to advance sight-saving treatment for patients,” Brown said.
Atul Sharma, an EyeSouth Partners board member, said the physicians will continue working within the broader ophthalmology network while joining RCA.
“Our physicians will drive expanded access to innovative treatments through RCA’s clinical trial and research offerings,” Sharma said.
BofA Securities is serving as lead financial advisor to Cencora, with Citi also advising. Sidley Austin LLP is acting as legal advisor.
Jefferies LLC is serving as exclusive financial advisor to EyeSouth Partners, with Kirkland & Ellis LLP acting as legal advisor.
Cencora is a pharmaceutical services company with more than $300 billion in annual revenue and more than 51,000 employees worldwide.
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