Announced
Completed
Financials
Tags
Completed
application software
animal-health technology
Majority
animal-health technology services
Friendly
Software
Acquisition
Private
Single Bidder
Germany
health care solutions
Health Care Services
Synopsis
Heska, which manufactures, sells, and markets veterinary diagnostic and specialty products, completed the acquisition of scil animal care business of Covetrus, a global company in animal-health technology and services, for $110m. "The companies that invest in their people and capabilities during difficult times like these will be positioned for above market performance when uncertainty begins to recede. Heska intends to be one of these companies. With today's acquisition, Heska gains phenomenal assets that we very much want to own over the next several quarters and, more to the point, decades. I believe very strongly that this combination will drive significant value creation for all stakeholders," Kevin Wilson, Heska's CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.