AnimalScan Buys Iams Pet Imaging

AnimalScan LLC has agreed to acquire Iams Pet Imaging LLC for an undisclosed fee.

AnimalScan LLC of Easton, Pa., has acquired Iams Pet Imaging LLC, a joint venture of Procter & Gamble Co. and ProScan Imaging, both based in Cincinnati, Ohio.

Financial terms were not disclosed.

Iams Pet Imaging's locations—Vienna, Va., Raleigh, N.C., and San Francisco, Calif., will join the AnimalScan headquarters in Easton to form the AnimalScan network of diagnostic facilities. The company reported that it expects to keep all IPI employees.

Salvatore DeFrancesco, AnimalScan's chairman, said the acquisition fits well with the company’s long-term growth plans.

“Diagnostic MRI centers for pets are a recent and growing trend in the U.S.,” he said. “Using the same state-of-the-art MRI equipment found in hospitals and health care facilities nationwide, we expect to expand into more major markets over the next 18 to 24 months."

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