Bishopsgate advised the Shareholders of St Francis Group, the United Kingdom’s largest animal health buying group, on the sale to AmerisourceBergen.
St Francis Group represents more than 460 member practices throughout the UK and Northern Ireland and has continued to grow its member base and service offerings. The company saves its members time and money on veterinary products by providing valuable information, technology and support that simplifies their processes, maximizes purchasing benefits and reduces administration so members can focus on clinical care.
The acquisition by AmerisourceBergen highlights their continued global expansion in the animal health sector, while also positioning the Company to better support the viability of independent veterinary practices internationally.
James F. Cleary, Jr., Executive Vice President and President, Amerisourcebergen said: “At MWI, we’re focused on providing independent veterinary practices with the tools and resources they need to thrive in a competitive animal health marketplace. St. Francis Group is dedicated to this same mission and we believe that adding the resources of AmerisourceBergen to their existing expertise and tools will further strengthen the impact they’re able to create for their members.”
Alan White, Managing Director, St. Francis Group, said: “We’re proud of the work we’ve done to encourage the health and viability of our member practices. We look forward to working with MWI and AmerisourceBergen to further expand our capabilities with the goal of providing even greater value to current and future members of St. Francis Group.”
AmerisourceBergen is one of the largest global pharmaceutical sourcing and distribution services companies, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. With services ranging from drug distribution and niche premium logistics to reimbursement and pharmaceutical consulting services, AmerisourceBergen delivers innovative programs and solutions across the pharmaceutical supply channel in human and animal health. With over $135 billion in annual revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 18,000 people. AmerisourceBergen is ranked #16 on the Fortune 500 list.
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