Add-on Acquisition • Distribution

MWI Animal Health Acquires Tri V Services

On October 5, 2007, MWI Animal Health acquired distribution company Tri V Services for 5M USD

Acquisition Context
  • This is MWI Animal Health’s 2nd transaction in the Distribution sector.
  • This is MWI Animal Health’s 5th largest (disclosed) transaction.
  • This is MWI Animal Health’s 4th transaction in the United States.
  • This is MWI Animal Health’s 1st transaction in Michigan.

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M&A Deal Summary

Date October 5, 2007
Target Tri V Services
Sector Distribution
Buyer(s) MWI Animal Health
Deal Type Add-on Acquisition
Deal Value 5M USD

Target Company

Tri V Services

Sterling Heights, Michigan, United States
Tri V is a distributor with an 11-year history of providing animal health products to approximately 850 veterinary practices, with a particular focus on emergency clinics and ophthalmology specialists.
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Buyer Overview 1

Buyer

MWI Animal Health

Meridian, Idaho, United States

Category Company
Founded 1976
Sector Distribution
Employees1,732
Revenue 2.3B USD (2013)
DESCRIPTION

MWI Animal Health is a supplier of animal health products to the veterinary profession. MWI distributes pharmaceuticals, biologicals, equipment and supplies to both the food animal and companion animal markets.


Deal Context for Buyer #
Overall 4 of 15
Sector: Distribution 2 of 6
Type: Add-on Acquisition 4 of 14
State: Michigan 1 of 1
Country: United States 4 of 10
Year: 2007 3 of 3
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-08 Securos

Fiskdale, Massachusetts, United States

Securos is a provider of veterinary orthopedic products in the US and select countries abroad.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-08 Centaur Services

Castle Cary, United Kingdom

Centaur Services Ltd. is a provider of animal health products to veterinary practices in the United Kingdom.

Buy $47M