Swevet
SEPTEMBER 2022Sector: Healthcare
Service: M&A
Our role
Exclusive financial adviser to the owners on the sale of Swevet to MWI Animal Health
Target
Swevet, founded in 1985, is Sweden’s only full-range animal health service wholesaler, supplying pharmaceuticals, consumables, pet food, and equipment to veterinary clinics throughout the country. The company also supplies veterinary customers in Norway, Denmark, and Finland, with consumables, pet food and equipment. Swevet operates from its state-of-the-art repackaging and storage facilities in Sjöbo, and had sales of around SEK 200m in 2021
Buyer
MWI Animal Health, founded in 1976 and part of the AmerisourceBergen family since 2015, is a leading global animal health distribution business, with established networks across the UK and US. MWI has an expansive customer base including companion animal veterinary practices, production animal facilities and practices, and retail distributors
