MWI Veterinary Supply

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MWI Animal Health
TypePrivate
Nasdaq: MWIV
IndustryWholesale and retail distribution
PredecessorMWI Holdings
FoundedBoise, Idaho (1976 (1976))[1]
Founder
ProductsVeterinary supplies
Revenue
  • Increase US$2,347.49 million (2013)
  • US$2,075.15 million (2012)
[2]
Number of employees
1,732[citation needed]
Websitewww.mwivet.com

MWI Animal Health is an international animal health products supplier for veterinarians.[3] The company is based in Boise, Idaho and distributes over 10,000 products to over 350 vendors throughout the US and the UK.[4][5]

Background[]

MWI Veterinary Supply was established by Millard Wallace Ickes in 1976. Initially known as MWI Holdings, the organization's name was changed in 2005.[6] In 2011, the company acquired Nelson Laboratories Limited Partnership and Micro Beef Technologies. In the following year, it completed the acquisition of Prescription Containers Inc.[3] In October 2013, the company tried the acquisition of substantially all of the assets of IVESCO Holdings.[7] In November 2013, the company completed the acquisition of IVESCO Holdings.[8]

In addition to direct distribution to vendors, the company has distribution contracts with Cornell University and US government.[example needed][9][10] As of February 2014, it has an enterprise value of $2.17 billion.[11] In September 2011, the customer base of the company included 24,000 veterinarian practices in the US and 1,500 in the UK. In fiscal year of 2011, the sales volume encompassed 3,500 products in the US and 21,000 products in the UK.[3]

MWI was bought by AmerisourceBergen in a deal announced on January 12, 2015. It is no longer a public company and its shares do not actively trade on a public market.[12]

References[]

  1. ^ "MWI Veterinary Supply Yahoo.com". Finance.yahoo.com. Retrieved 2014-02-22.
  2. ^ "Financial Statements for MWI Veterinary Supply, Inc. - Google Finance". Google.com. Retrieved 2014-02-22.
  3. ^ Jump up to: a b c "MWI Veterinary Supply Inc. reuters.com". Reuters.com. Archived from the original on 2014-02-28. Retrieved 2014-02-22.
  4. ^ "MWIV Stock Quote - MWI Veterinary Supply Inc. Stock Price Today". marketwatch.com. Retrieved 2014-02-22.
  5. ^ "MWI Veterinary Supply Inc. NASDAQ". Nasdaq.com. Retrieved 2014-02-22.
  6. ^ "MWIV: Summary for MWI Veterinary Supply, Inc.- Yahoo! Finance". Finance,yahoo.com. Retrieved 2014-02-22.
  7. ^ "Stock Market & Financial Investment News". Yahoo Finance. Retrieved 2014-02-23.
  8. ^ "MWI Veterinary Supply, Inc.: NASDAQ:MWIV quotes & news ..." Google.com. Retrieved 2014-02-22.
  9. ^ "MWI Veterinary Supply - DFA Home - Cornell University". Dfa.cornell.edu. Retrieved 2014-02-22.
  10. ^ "Mwi Veterinary Supply, Inc. Government Contracts". governmentspending.us. Retrieved 2014-02-22.
  11. ^ "MWI Veterinary Key Statistics | MWI Veterinary Supply, Inc. Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-22.
  12. ^ Chen, Angela (12 January 2015). "AmerisourceBergen to Buy MWI Veterinary Supply for $2.5 Billion". Retrieved 28 May 2017 – via www.wsj.com.

External links[]

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