ABC extends reach into animal health industry with closing of MWI deal

VALLEY FORGE, Pa. — AmerisourceBergen on Tuesday announced the completion of its acquisition of MWI Veterinary Supply in a deal valued at $2.5 billion. 

 

“We are pleased to have completed the acquisition of MWI, and we are very excited to welcome Jim Cleary and his management team to AmerisourceBergen,” said Steven Collis, AmerisourceBergen president and CEO. “With our combined knowledge of manufacturer and provider services, our global reach and partnership philosophy, we will bring the next generation of superior customer service and innovation to the fast growing animal health industry. The expertise we have together, along with our individual track records of driving efficiency, operational excellence, and customer value, give us great confidence that we can make even greater contributions to the veterinary and agricultural markets in the years ahead.”

 

At the effective time of the merger, all remaining shares of MWI common stock not tendered into the tender offer were converted into the right to receive $190 in cash, without interest and less any applicable withholding taxes, which is the same price that was paid in the tender offer. 

 

As a result of the transaction, MWI has become a wholly owned subsidiary of AmerisourceBergen.