History
Vistor’s history dates back to 1956 when it was founded by seven pharmacists, under the name Pharmaco, with the purpose of importing pharmaceuticals to ensure steady availability in the Icelandic market. The company has maintained a leading position as a provider of health care related products in the market ever since.
Following is an overview of key dates and events in the company’s history:
Vistor receives the “Strongest in Iceland” award from Creditinfo (Iceland’s leading credit information provider) for the 13th year in a row.
Veritas (parent company) awarded the Equality Scale of FKA (the Association of Women Business Leaders in Iceland).
Vistor – VR Model Firm 2021.
Artasan – VR Company of the year 2021.
The Veritas Group’s Sustainability and Social Responsibility Report 2020 published.
Veritas awarded the Equality Scale of FKA (the Association of Women Business Leaders in Iceland).
Distica starts handling all deliveries in the Reykjavik area.
Distica opens a new warehouse in Midhraun.
Distica opens a new client portal and launches a new website.
Diversification: Veritas acquires the company Ýmus (a health products company) and a share in the company GeoSilica, that produces 100% natural silica mineral supplements.
Diversification: Veritas acquires the company Stod, a leading company in sales of orthopaedic and prosthetics, mobility aids, orthopaedic shoes and insoles, as well as compression products.
All operating entities receive Creditinfo’s recognition as “Strongest in Iceland”.
Restructuring of the Group. A new parent company, Gudrunarborg, founded. Real estate moved to Veritas’ sister company, Havardsstaðir.
Vistor, Model Firm 2015. Vistor and the Veritas Group awarded the golden seal of PwC´s Equal Pay Audit.
Vistor, Model Firm 2014. Veritas gets ISO 27001 validation.
The medical division of Vistor is demerged into a new company, Medor ehf. Vistor merger with the CRO company Encode.
Veritas, Vistor’s parent company, takes over support functions and Vistor becomes a pure regulatory and sales and marketing company.
The import and distribution function is demerged into a new company, Distica hf.
PharmaNor name changes to Vistor.
Cosmetic business is divested.
Pharmaco Iceland Ltd. established around the Icelandic wholesale and distribution operation and sold to Veritas, lead by Mr. Hreggvidur Jonsson. Pharmaco Iceland changes its name to PharmaNor.
Pharmaco merges with Balkanpharma, Bulgaria.
ISO 9001 validation of the distribution function.
Pharmaco sharpens its focus on sales, marketing and distribution of Human and veterinary pharmaceuticals, Medical and laboratory equipment and Personal care products and cosmetics.
Shares in Delta sold.
Pharmaco starts selling medical equipment and supplies.
The production unit demerged into a new company; Delta.
Pharmaco starts production of pharmacopeia preparations.
Founded by seven pharmacy owners as Pharmaco for marketing and distribution of pharmaceuticals.
Veritas group companies
