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Swedencare completed the acquisition of Vetio Animal Health from Thompson Street for $182m.

Synopsis

Swedencare, a firm specialized in pet healthcare and produces partly in own factories, markets and sells premium products on the global market, completed the acquisition of Vetio Animal Health, a provider of contract development and manufacturing services, from Thompson Street, a private equity firm, for $182m. “We thank TSCP for their collaborative partnership as we grew the business through operational improvements and strategic acquisitions. We are confident Swedencare’s purchase of Vetio positions the Company for continued growth with the same level of safety, quality and compliance," John Kane, Vetio CEO and Board Member.

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