M&A Deal Summary

Heska Acquires CVM Diagnosis Veterinario SL

On January 9, 2020, Heska acquired medical products company CVM Diagnosis Veterinario SL

Acquisition Highlights
  • This is Heska’s 1st transaction in the Medical Products sector.
  • This is Heska’s 1st transaction in Spain.

M&A Deal Summary

Date 2020-01-09
Target CVM Diagnosis Veterinario SL
Sector Medical Products
Buyer(s) Heska
Deal Type Add-on Acquisition

Target

CVM Diagnosis Veterinario SL

Tudela, Spain
CVM Diagnosis Veterinario SL is a major company in Spain in equipment for veterinarians and veterinary clinics. CVM Diagnosis is veterinarians, which allows to better understand the needs of colleagues and offer the right products and services. CVM Diagnosis Veterinario sells ultrasound, blood analytics, digital radiography, and other equipment as well as practical training.

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Buyer(S) 1

Buyer

Heska

Loveland, Colorado, United States

Category Company
Founded 1988
Sector Medical Products
Employees808
Revenue 257M USD (2022)
DESCRIPTION

Heska sells, manufactures, markets, and supports diagnostic and specialty products and solutions for veterinary practitioners. The company's portfolio includes point-of-care diagnostic laboratory instruments and consumables including rapid assay diagnostic products and digital cytology services; local and cloud-based data services; practice information management software (“PIMS”) and related software and support; reference laboratory testing; allergy testing and immunotherapy; heartworm preventive products; and vaccines. Heska’s primary focus is supporting companion animal veterinarians in providing care to their patients. Its business is composed of two operating and reportable segments: North America and International. North America consists of the United States, Canada, and Mexico. International consists of geographies outside of North America, primarily in Germany, Italy, Spain, France, Switzerland, Australia and Malaysia. Heska’s strategic focus on point-of-care diagnostic laboratory products is included in both segments. The North America segment also includes the contract manufacturing of vaccines and pharmaceutical products and a small veterinary laboratory, and the international segment includes PIMS business and veterinary laboratories. Heska was founded in 1988 and is based in Loveland, Colorado.


DEAL STATS #
Overall 3 of 8
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 6
Country: Spain M&A 1 of 1
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-30 Cuattro - Software Assets

Golden, Colorado, United States

Cuattro LLC - Software Assets provide hosting and other cloud-related services.

Buy $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-14 scil animal care company

Viernheim, Germany

scil animal care company GmbH is a provider of animal health laboratory and imaging diagnostic products and services to veterinarians primarily in North America and Europe. scil animal care company was formed in 1998 and is based in Viernheim, Germany.

Buy -