Listed US group swoops for established veterinary supplier

Yorkshire-based veterinary supplier, Infusion Concepts, has been acquired by US group, Patterson Companies Inc.

Sowerby Bridge and York-based Infusion Concepts, is a veterinary sector supplier specialising in infusion pumps, infusion lines and custom labels.

It has been bought by Patterson’s UK animal health business, National Veterinary Services Limited (NVS). Law firm Mills & Reeve advised Infusion Concepts on the deal.

Nasdaq listed Patterson Companies Inc explained that its strategic purchase of Infusion Concepts underscores its commitment to expanding its portfolio with high-quality products for its veterinary partners.

Alex Kenworthy, corporate partner in the Leeds office of Mills & Reeve, said: “Infusion Concepts is a global supplier and recognised as a leader in its field.

“The acquisition is of strategic importance to NVS and will ensure continued international growth for the Infusion Concepts portfolio.

“It also allows the family to exit the business whilst placing it in very capable hands.”

George Henriques, president of Patterson Companion Animal, said: “We are excited to add the entire Infusion Concepts product line to our portfolio.

“Their expertise in designing infusion pumps specifically for animals, coupled with their high-quality standards, aligns with our mission of delivering excellence in animal health care for veterinarians.

“This acquisition aligns with our strategy of investing in our business and the animal health industry.”

Infusion Concepts financial director, Chris Dicker, added: “The team at Mills & Reeve provided exceptional legal support during a recent acquisition process.

“They provided a profound understanding of corporate finance law and expertly navigated us through the complexities of the transaction.

“They were able to break down complicated legal jargon into clear, actionable advice, making the entire process much less stressful.”