A significant business move has occurred between a Yorkshire supplier and a US company.
- Mills & Reeve played a crucial role in facilitating this acquisition.
- Infusion Concepts, a leader in veterinary products, now joins Patterson Companies.
- The acquisition promises growth and continuity for Infusion Concepts.
- Key figures praised Mills & Reeve for their comprehensive legal support.
In a notable development, Mills & Reeve has successfully advised Yorkshire-based Infusion Concepts on its acquisition by US giant Patterson Companies Inc. This move, involving a leading firm in veterinary infusion and drainage supplies, highlights a strategic expansion for Patterson’s UK division, National Veterinary Services Limited.
Infusion Concepts, headquartered in Sowerby Bridge and York, has established itself as a prominent supplier in the veterinary domain, specialising in infusion pumps and critical care supplies. The acquisition by Patterson Companies, listed on Nasdaq, underscores the significance of Infusion Concepts in the global market.
Alex Kenworthy, corporate partner at Mills & Reeve, emphasised the acquisition’s importance for National Veterinary Services Limited. According to Kenworthy, “Infusion Concepts is a global supplier recognised as a leader in its field. This acquisition is key for NVS, ensuring international growth for Infusion Concepts’ portfolio. It also allows the family to exit the business, leaving it in capable hands.”
The role of Mills & Reeve in this transaction was particularly noteworthy. Chris Dicker, financial director at Infusion Concepts, highlighted their expert handling of the legal intricacies involved. He stated, “The team provided exceptional legal support during a recent acquisition process. They provided a profound understanding of corporate finance law and expertly navigated us through the complexities of the transaction. They were able to break down complicated legal jargon into clear, actionable advice, making the entire process much less stressful.”
The acquisition marks a step forward in international growth and business continuity for Infusion Concepts under the stewardship of Patterson Companies.
