The acquisition of Yorkshire veterinary supplier Infusion Concepts by US-based Patterson Companies marks a significant strategic move in the veterinary sector.
- Infusion Concepts, located in Sowerby Bridge and York, is renowned for its infusion products in animal healthcare.
- The acquisition by Patterson’s UK division, National Veterinary Services Limited, strengthens their market position.
- Mills & Reeve provided expert legal guidance throughout this acquisition process.
- The acquisition allows Infusion Concepts’ family owners to step back, ensuring continuity in experienced hands.
The recent acquisition of Infusion Concepts by Patterson Companies is a crucial development within the veterinary healthcare industry. This Yorkshire-based supplier, with headquarters in Sowerby Bridge and York, has established itself as a leader in infusion, drainage, and critical care supplies for the veterinary sector.
Patterson Companies, listed on Nasdaq, emphasised the acquisition’s strategic importance in reinforcing its market position. Through its UK-based division, National Veterinary Services Limited, Patterson aims to expand its capabilities, ensuring growth for Infusion Concepts’ renowned portfolio.
Mills & Reeve, a national law firm, played an integral role in facilitating this transaction. Their expertise in corporate finance law was instrumental in navigating the complex acquisition process. Alex Kenworthy, a corporate partner at Mills & Reeve’s Leeds office, stated that Infusion Concepts is a global leader in its field, and this acquisition is pivotal for National Veterinary Services.
Chris Dicker, the financial director of Infusion Concepts, commended Mills & Reeve for their exceptional legal support. He highlighted their ability to demystify complex legal jargon, providing clear and actionable advice that significantly eased the acquisition process. Dicker expressed gratitude for their profound understanding of the intricacies involved in such transactions.
This acquisition signifies a major step forward for both Infusion Concepts and Patterson Companies in the veterinary sector.
