Heska closes $110M acquisition of European vet diagnostics company
LOVELAND — Veterinary diagnostics company Heska Corp. (Nasdaq: HSKA) closed its purchase of the European arm of competitor Covetrus Inc. (Nasdaq: CVET) for $110 million this week, saving $15 million from the original purchase price.
Heska announced the deal in mid-January, originally saying it would pay $125 million for scil animal care company GmbH, which would give it 40% control over the veterinary diagnostics markets in Germany and Spain and a third of France’s market.
A week earlier, it had announced acquisitions of two Spanish companies…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
LOVELAND — California-based franchisor Xponential Fitness Inc. (NYSE: XPOF) is opening one of its CycleBar…
-
LOVELAND — Plumbline Services LLC, a Denver-based plumbing and heating and cooling company, has opened…
-
LOVELAND — Entrepreneurs and innovators will join forces during the month of February in Loveland…
-
LOVELAND — Loveland Products Inc., a division of Nutrien Ag Solutions Inc., has acquired a…
