Deutsche Post Said to Consider Celesio Logistics Unit Movianto

Deutsche Post AG, Europe’s largest mail carrier, is among companies interested in Celesio AG’s unit that provides logistics services to drugmakers, according to three people with knowledge of the matter.

Celesio, Europe’s largest drug wholesaler based in Stuttgart, Germany, hired Morgan Stanley and Societe Generale SA to run the sale of the business called Movianto, said the people, who declined to be identified because the talks are private. Sales documents will probably be sent to potential buyers this month and the unit could fetch about 150 million euros to 250 million euros ($330 million), people familiar said.