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New Deal


Announced

Completed

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

Financials

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Transaction Value£131m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales6x
EV/EBITDA28x
Share Price Premium-
One Off Charge-

Tags

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commodity chemicals

Private

Completed

United States

Cross Border

animal health care services

Acquisition

Friendly

Majority

Chemicals: Diversified

Private Equity

Single Bidder

Synopsis

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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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