Transaction To Form Butler Schein Animal Health Completed

Butler Schein Animal Helath have formed as the transaction has closed.

Butler Schein Animal Health has officially formed. Henry Schein Inc. and Butler Animal Health Supply first announced the planned merger on Nov. 30. The transaction closed on Dec. 31.

The new company, based in Dublin, Ohio, is 50.1 percent owned by Henry Schein and 49.9 percent owned by the owners of Butler Animal Health Supply, including Oak Hill Capital Partners and The Ashkin Family Group.

Combined revenue for the last 12 months was about $850 million on a U.S. General Accepted Accounting Principles basis.

About 900 Butler Schein Animal Health team members, including about 300 field sales representatives and about 200 telesales and customer support representatives, will serve animal health customers in all 50 states.

Oak Hill Capital Partners is a private equity firm with offices in Stamford, Conn.; Menlo Park, Calif.; and New York.

The Ashkin Family Group distributes veterinary and dental products. The Jericho, N.Y.-based company is also involved in a variety of other businesses. <HOME>

Butler Schein Animal Health has officially formed. Henry Schein Inc. and Butler Animal Health Supply first announced the planned merger on Nov. 30. Butler Schein Animal Health has officially formed. Henry Schein Inc. and Butler Animal Health Supply first announced the planned merger on Nov. 30. Butler Schein Animal Health, Butler Animal Health, Henry Schein Inc., The Ashkin Family Group

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