M&A Deal Summary

Zoetis Acquires Phoenix Lab

On October 31, 2019, Zoetis acquired life science company Phoenix Lab

Acquisition Highlights
  • This is Zoetis’ 5th transaction in the Life Science sector.
  • This is Zoetis’ 5th transaction in the United States.
  • This is Zoetis’ 1st transaction in Washington.

M&A Deal Summary

Date 2019-10-31
Target Phoenix Lab
Sector Life Science
Buyer(s) Zoetis
Deal Type Add-on Acquisition

Target

Phoenix Lab

Mukilteo, Washington, United States
Phoenix Central Laboratory for Veterinarians, Inc. is a full service veterinary diagnostic laboratory. Phoenix Lab provides complete clinical and anatomic pathology testing as well as microbiology, serology, hematology, chemistry, and many other miscellaneous tests. Phoenix Central Laboratory for Veterinarians, Inc. was founded in 1989 and is based in Mukilteo, Washington.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Zoetis

Parsippany, New Jersey, United States

Category Company
Founded 1952
Sector Life Science
Employees13,800
Revenue 9.3B USD (2024)
DESCRIPTION

Zoetis engages in the discovery, development, manufacture and commercialization of a diverse portfolio of animal health medicines and vaccines designed to meet the real-world needs of veterinarians and the livestock farmers and companion animal owners they support. Zoetis was founded in 1952 and is based in Parsippany, New Jersey.


DEAL STATS #
Overall 9 of 13
Sector: Life Science M&A 5 of 7
Type: Add-on Acquisition M&A Deals 9 of 12
State: Washington M&A 1 of 1
Country: United States M&A 5 of 8
Year: 2019 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Platinum Performance

Buellton, California, United States

Platinum Performance is a nutrition-focused animal health company. Platinum Performance develops, manufactures and markets a broad range of premium nutritional product formulas for horses as well as a smaller range of petcare brands and human supplements. Platinum Performance was founded in 1996 and is based in Buellton, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-22 ZNLabs

Louisville, Kentucky, United States

ZNLabs LLC is a full-service national veterinary diagnostic reference laboratory focused on revolutionizing the reference laboratory space for companion animals. ZNLabs LLC was founded in 2017 and is based in Louisville, Kentucky.

Buy -