Covetrus to merge with MWI Animal Health in a $3.5bn deal.

Covetrus, an animal‑health technology and services provider, agreed to merge with MWI Animal Health, an animal health distributor and technology solutions provider, in a $3.5bn deal. Upon completion, Cencora will retain a 34.3% non-controlling stake in the newly combined entity. "Our mission has always been to empower veterinary practices to work smarter and deliver better care. By bringing MWI’s strong distribution capabilities and expertise to our business, we can offer more solutions to more customers, improve logistics, create savings and develop innovative new ways to support the animal health ecosystem, including veterinarians, producers, dealers, manufacturers, distributors and pet parents. This combination is about making animal healthcare more affordable and accessible, and we remain committed to driving innovation across the industry," Ben Wolin, Covetrus President and Chief Executive Officer.