«

Mars, Inc. Completes $9.1B Acquisition of VCA for Comprehensive Pet Care

Read: 1802


Mars, Inc. Successfully Completes Acquisition of VCA

9122017

MCLEAN, VA and LOS ANGELES, CA - Mars, Incorporated has successfully completed its acquisition of VCA Inc., in a deal valued at approximately $9.1 billion for $93 per share. This significant transaction marks the beginning of a new era as VCA joins Mars Petcare family under Poul Weihrauch's leadership.

Mars' President of Global Petcare welcomed Bob Antin, co-founder of VCA and its current CEO, to his team along with over 25,000 dedicated VCA staff members. Mars integrate VCA into their pet care portfolio alongside other well-established veterinary service providers including BANFIELD Pet Hospital, BLUEPEARL Specialty and Emergency Hospitals, and PET PARTNERS.

We're excited to welcome the VCA family to Mars Petcare, sd Poul Weihrauch, President of Mars Global Petcare. Together with our extensive resources in pet health services, diagnostics, technology, and a vast network of clinics and hospitals, this acquisition will strengthen our ability to offer comprehensive care for pets.

Financial Teamwork:

The financial advising team consisted of Morgan Stanley Co., BDT Co., Skadden Arps Slate Meagher Flom legal advisor for Mars, Simpson Thacher Bartlett also offering legal advice, and J.P. Morgan Co., which provided debt financing for the acquisition.

Mars, Inc's Vision:

With over a century of history in diverse product manufacturing and services dedicated to pets' wellbeing, Mars is driven by its Five Principles - Quality, Responsibility, Mutuality, Efficiency, and Freedom. The company continues to grow and innovate with a focus on delivering value across all sectors it operates.

For more information about Mars and their vision for the pet care industry, please visit Mars's official websitehttps:www.mars.com. Stay connected via social media platforms such as Facebook, Twitter, LinkedIn, Instagram, and YouTube.

Contact Information:


The is a hypothetical rewording based on lines and assumes fictional data points for the sake of . Actual content should align closely with the original information provided in your request.
This article is reproduced from: https://vcahospitals.com/press-center/vca-news/mars-acquisition

Please indicate when reprinting from: https://www.o058.com/Pet_Hospital_Animal_Hospital/Mars_Acquires_VCA_Deal_91_Billion.html

Mars Successfully Acquires VCA $1 Billion Deal Valued Poul Weihrauch Leadership Transition Integrated Pet Care Portfolio Expansion VCA Staff Members Joined Mars Comprehensive Pet Health Services Strengthened