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Covetrus engages in the sale of animal health consumable goods to wholesale and retail customers. Its products include supply chain services, software, and prescription management. The company's software services business develops and provides veterinary practices with veterinary software systems
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In 2009, Henry Schein and Butler Animal Health Supply launched a joint venture Butler Schein Animal Health creating the largest veterinary sales and distribution company in the United States.
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announced the spin-off of its animal health business. The spin-off was merged with
Portland, Maine-based Vets First Choice and was called Covetrus. The company became listed on the
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filed a lawsuit against
Covetrus for allegedly illegally diverting potential purchases of pet medication and food away from Chewy and into sales for Covetrus.
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is an
American company providing animal health products and related services. Until 2019, it was the animal health business of VetsFirstChoice, and
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including practice management software, data-driven applicants, and client communications tools. The company operates primarily in
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with Henry Schein shareholders owning about 63% of the company, and Vet First Choice shareholders owning about 37% of it.
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748:"E-tailer Chewy sues Covetrus; results may change how you get Rx for Rex, food for Fido | Mainebiz.biz"
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In 2012, Henry Schein acquired
Netherlands-based AUV Veterinary Services for approximately $ 40 million.
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In 2006, Henry Schein acquired NLS Animal Health, a privately held veterinary distribution business.
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would acquire the company for $ 4 billion. The acquisition was finalized in
October, 2022.
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606:"Butler Schein Animal Health to Become Henry Schein Animal Health | Henry Schein"
417:"Covetrus Reports Fourth Quarter and Full-Year 2020 Financial Results | Covetrus"
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In 2013, Butler Schein Animal Health was rebranded as Henry Schein Animal Health.
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711:"Henry Schein to spin off, merge its animal health business with start-up"
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819:"Clayton, Dubilier & Rice and TPG Complete Acquisition of Covetrus"
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In 2015, Scil Animal Care merged with Henry Schein Animal Health.
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list of the largest United States corporations by total revenue.
846:"Covetrus, Inc. (CVET) Firmenprofil und Fakten – Yahoo Finanzen"
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592:"Butler Schein Animal Health Becomes Henry Schein Animal Health"
355:. 100,000 veterinary practices are served by Covetrus globally.
269:, before being divested. In 2021, the company ranked 593 on the
634:"Henry Schein boosts animal health business with German deal"
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469:"Henry Schein to Spin off and Merge Animal Health Business"
578:"Henry Schein to Purchase European Veterinary Wholesaler"
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434:"CVET | Covetrus Inc. Annual Balance Sheet - WSJ"
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In 2016, Henry Schein acquired RxWorks, a provider of
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795:"CD&R, TPG Take Covetrus Private In $ 4B Deal"
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503:"Communication pearls for dogs with disabilities"
684:"Henry Schein Completes Acquisition of RxWorks"
863:"CVET.O - Covetrus Inc Profile | Reuters"
770:"Covetrus to Be Taken Private for $ 4 Billion"
731:"Covetrus answers bell as new public company"
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620:"Henry Schein to Purchase Scil Animal Care"
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930:Veterinary medicine in the United States
553:"Henry Schein Completes AUV Acquisition"
489:"Global M&A by the Numbers: Q3 2021"
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326:On May 25, 2022, it was announced that
298:veterinary practice management software
920:American companies established in 2019
314:In 2021, online pet product retailer
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905:Health care companies based in Maine
403:"Covetrus (CVET) Operating Income"
378:"Covetrus | 2022 Fortune 500"
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659:"Henry Schein to Acquire RxWorks"
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915:Companies listed on the Nasdaq
16:American animal health company
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935:2022 mergers and acquisitions
910:Veterinary medicine companies
454:Official website of Covetrus
328:Clayton, Dubilier & Rice
231:Clayton, Dubilier & Rice
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663:Acquisition International
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218:US$ 1,573 million
196:US$ 3,496 million
174:US$ 108 million
925:Corporate spin-offs
238:Number of employees
121:4,339 million
97:Philip A. Laskawy (
86:Benjamin C. Wolin (
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768:Escobar, Sabrina.
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271:Fortune 1000
267:Henry Schein
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207:Total equity
185:Total assets
67:Headquarters
34:Company type
532:www.sec.gov
54:: CVET
899:Categories
828:2022-12-08
804:2022-05-26
779:2022-05-26
753:1 December
693:2022-05-26
669:2022-05-26
562:1 December
537:1 December
512:1 December
439:1 December
387:1 December
359:References
316:Chewy Inc.
163:Net income
79:Key people
303:In 2019,
88:president
46:Traded as
799:Benzinga
643:26 March
338:Products
332:TPG Inc.
252:covetrus
99:chairman
59:Industry
868:Reuters
638:Newsday
507:DVM 360
382:Fortune
277:History
247:Website
152:million
109:Revenue
38:Private
474:Forbes
351:, and
349:Europe
309:Nasdaq
220:(2020)
198:(2020)
176:(2020)
155:(2020)
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123:(2021)
90:&
52:Nasdaq
242:5,500
227:Owner
755:2022
716:CNBC
645:2023
564:2022
539:2022
514:2022
441:2022
389:2022
330:and
254:.com
144:US$
119:US$
73:, US
147:−69
92:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
