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.
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.