Henry Schein To Purchase European Veterinary Wholesaler



Published:

Henry Schein Inc., parent company of Butler Schein Animal Health, plans to acquire AUV Veterinary Services B.V., the veterinary wholesale business of Netherlands-based AUV Group, Henry Schein reported today.

AUV Veterinary Services, headquartered in Cuijk, the Netherlands, distributes pharmaceuticals, pet foods, small equipment and disposables to more than 2,000 veterinarians in the Netherlands and Belgium. It also operates a consulting business for veterinary practices called AUV Advies and an education service for veterinarians and staff called AUV Academie. The company has about 200 employees and reported net sales for 2011 of €194.2 (about $270.4 million).

“AUV will provide Henry Schein entry into the Dutch and Belgian animal health markets as the category leader,” said Stanley Bergman, chairman and CEO of Melville, N.Y.-based Henry Schein, “This important addition will further our Pan-European strategy of providing animal health practitioners across the continent with the products and services needed to operate more efficient practices and provide high quality care.”

Henry Schein signed a definitive agreement to acquire AUV Veterinary Services, and the transaction is pending regulatory approval. Henry Schein expects the deal to close later this quarter. The companies did not disclose the financial terms of the transaction.

AUV Group agreed this month to sell its pharmaceutical manufacturing business Eurovet to U.K.-based Dechra Veterinary Products. AUV Group, a privately held company, also holds a majority stake in Netherlands-based pet insurance company Petplan and its holding company, Veterfina BV.

<HOME>

Edit Module
Edit ModuleShow Tags

Archive »Read More

Zoetis Unveils FeLV, FIV Combo Test

Veterinarians can detect the presence of FeLV antigen and FIV antibodies within 10 minutes through use of a new test from Zoetis.

Zebu’s Illness Was Tough Nut to Crack

Acorns were the root cause of kidney failure in a miniature zebu that was successfully treated at the University of Florida.

Midwestern Teaching Hospital Off to Early Start

The Companion Animal Clinic is designed to provide learning opportunities for students and serve local pets.

Add your comment:
Edit Module
Edit ModuleEdit ModuleShow Tags Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Events


Show More...
Edit Module
Edit Module