{"id":435552,"date":"2026-02-20T05:37:07","date_gmt":"2026-02-20T05:37:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/435552\/"},"modified":"2026-02-20T05:37:07","modified_gmt":"2026-02-20T05:37:07","slug":"covetrus-and-mwi-animal-health-announce-us3-5-billion-merger","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/435552\/","title":{"rendered":"Covetrus and MWI Animal Health announce US$3.5 billion merger"},"content":{"rendered":"<p class=\"fw-regular font-19 lh-base font-fraunces mb-4\">Bosses say the combined firm will offer a \u201dcomprehensive animal health platform\u201d when the deal is completed.<\/p>\n<p><img alt=\"author_img\" loading=\"lazy\" width=\"42\" height=\"42\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-circle\" style=\"color:transparent\"  src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/02\/1771565827_621_image.png\"\/>Share<img alt=\"Covetrus and MWI Animal Health announce US$3.5 billion merger\" loading=\"lazy\" width=\"500\" height=\"404\" decoding=\"async\" data-nimg=\"1\" class=\"w-100 h-auto mb-2\" style=\"color:transparent\"  src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/02\/1771565827_209_image.jpeg\"\/><\/p>\n<p class=\"text-muted\">Image: wladimir1804 \/ Adobe Stock<\/p>\n<p>Two major animal health companies have announced a multi-billion-dollar merger deal.<\/p>\n<p>Covetrus and MWI Animal Health have reached an agreement to form a combined company that bosses claim will offer a \u201ccomprehensive animal health platform\u201d.<\/p>\n<p>The deal announced in the <a href=\"https:\/\/covetrus.com\/newsroom\/covetrus-and-mwi-animal-health-to-merge\/?utm_source=linkedin&amp;utm_medium=social&amp;utm_content=0dd158fb-c0e4-41a1-a59a-ace8e6238715\" target=\"_blank\" rel=\"noopener nofollow\">US this week<\/a> (18 February) values MWI at US$3.5 billion with its present owners, Cencora, set to receive US$1.25 billion in cash proceeds, with the remainder as equity, when the transaction is completed.<\/p>\n<p>\u2018Common vision\u2019<\/p>\n<p>MWI president Steve Shell said: \u201cMWI and Covetrus share a common vision to support our customers, manufacturer partners and innovators to advance animal care.<\/p>\n<p>\u201cThe combination of MWI\u2019s supply chain expertise, innovation and trusted customer relationships in companion and production animal health with Covetrus\u2019 tech-enabled solutions for veterinarians will equip us to more effectively serve all our stakeholders.<\/p>\n<p>\u201cI am excited for our teams to come together and advance our shared mission of improving outcomes for animals and the experiences of their caregivers.\u201d<\/p>\n<p>\u2018More solutions\u2019<\/p>\n<p>Covetrus president and chief executive Ben Wolin added: \u201cBy bringing MWI\u2019s strong distribution capabilities and expertise to our business, we can offer more solutions to more customers, improve logistics, create savings and develop innovative new ways to support the animal health ecosystem, including veterinarians, producers, dealers, manufacturers, distributors and pet parents.<\/p>\n<p>\u201cThis combination is about making animal healthcare more affordable and accessible, and we remain committed to driving innovation across the industry.\u201d<\/p>\n<p>Cencora will retain a 34.3% stake in the combined firm as part of the deal and its president, Bob Mauch, said the deal would enable it to \u201cfurther invest in our key growth priorities\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"Bosses say the combined firm will offer a \u201dcomprehensive animal health platform\u201d when the deal is completed. Share&hellip;\n","protected":false},"author":2,"featured_media":435553,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[102,2960,56,54,55],"class_list":["post-435552","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-health","tag-healthcare","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/435552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=435552"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/435552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/435553"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=435552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=435552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=435552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}