Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Henry Schein Inks Pact To Acquire AUV Veterinary Services For Undisclosed Amount

Henry Schein Inc (HSIC: Quote) Wednesday announced that it has signed a definitive agreement with the privately held AUV Group to acquire the veterinary distribution business, AUV Veterinary Services B.V. The company, however, did not divulge the financial terms of the transaction.

The company further stated that AUV Veterinary Services B.V. is a leading distributor of veterinary products and services catering to the requirements of animal health practitioners in the Netherlands and Belgium markets.

AUV Veterinary Sciences has reported net sales of approximately 194.20 million Euros for the fiscal year 2011.

Henry Schein anticipates the acquisition of AUV Veterinary Services to be slightly accretive to the earnings per share in fiscal 2012 and accretive thereafter.

Click here to receive FREE breaking news email alerts for Henry Schein Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Specialty drugmaker Horizon Pharma plc (HZNP) on Friday managed to redomicile itself as an entity incorporated in Ireland following the completion of its $660 million acquisition of Vidara Therapeutics International plc. The deal will help it avoid paying the high rate of U.S. corporate taxes. The... Stocks showed a lack of direction over the course of the trading day on Friday after failing to sustain an initial upward move. Despite the choppy trading, the Dow once again managed to end the session at a new record closing high. The major averages turned in a mixed performance on the day. President Barack Obama delivered a statement Thursday evening thanking members of Congress for voting to approve legislation granting the U.S. military the authority to train and arm moderate Syrian rebels fighting against the terrorist group known as the Islamic State.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.