Mars Incorporated recently announced that they have entered into an agreement to purchase pet healthcare provider VCA INC (NASDAQ: WOOF) which operates nearly 800 animal hospitals with 60 diagnostic laboratories throughout the United States and Canada for a total value of approximately $9.1 billion.
If the transaction is approved, the deal would MERGE the top two veterinary hospital chains in the United States comprising more than 1,600+ Animal Hospitals. This represents more than 6% of all Animal Hospitals in the U.S.
According to the VIN NEWS SERVICE.
“There are about 26,000 small animal veterinary practices in the United States, according to AAHA and the American Veterinary Medical Association (AVMA)”.
Mars Petcare Brands Include the following:
PET FOOD BRANDS:
VCA INC – Divisions Include the Following:
Mars Expands in Pet Care With $7.7 Billion Purchase of VCA (1.9.2017)
Pet Food Maker Mars Spends $117 Million to Acquire Whistle’s ‘Fitbit for Dogs’ (4.1.16)
BluePearl, Banfield now part of same company (12.1.2015)