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100-year-old distributor purchased by large subsidiary


100-year-old distributor purchased by large subsidiary
Patterson Veterinary Supply says the acquisition of Miller Vet will strengthen its presence in the companion animal market
May 7, 2021
Nebraska-based multiregional veterinary distributor Miller Vet has been purchased by Patterson Veterinary Supply, a subsidiary of Patterson Companies.
Founded in 1920, Miller Vet is a privately owned company with four distribution facilities across the Cornhusker State. The acquired business will be integrated into Patterson Veterinary’s existing facilities and operations, with a large number of Miller Vet sales reps staying on, Patterson reports.
The acquisition is expected to grow Patterson Animal Health’s presence in the companion animal market, the company says. ....

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Patterson Veterinary Enters Agreement to Acquire Miller Vet Holdings


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Patterson Veterinary Supply, Inc., a subsidiary of Patterson Companies, Inc. (Nasdaq: PDCO), today announced that it has signed an agreement to acquire substantially all of the assets of Miller Vet Holdings, LLC, a multiregional veterinary distributor (Miller Vet). Upon closing, the acquisition is expected to grow Patterson Animal Health’s presence in the companion animal market, drive increased operating leverage and attractive synergies, and allow Patterson to provide exceptional customer service to Miller Vet’s customers.
Miller Vet is a privately held company founded in 1920 with headquarters in West Point, Nebraska, and four distribution facilities located in the South, Southeast and East Coast. The acquired business will be integrated into Patterson Veterinary’s existing facilities and operations. In connection with the transaction, a large number of Miller Vet sales representatives ....

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