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
This apparel maker has doubled its earnings per share in just two years and increased its annual earnings forecast from time to time, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
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.