Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Jun. 9, 6:58 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #6. Pethealth — VetMedsDirect.co.uk
Acquirer:
Pethealth (PTZ.CA)
Acquiree:
VetMedsDirect.co.uk
Details:
Pethealth Inc. (TSX:PTZ) ("Pethealth" or the "Company") is pleased to announce that it has acquired VetMedsDirect.co.uk ("VetMedsDirect"), an online retailer of pet pharmaceuticals, pet supplies and pet food that services pet owners in the United Kingdom (the "Acquisition").
Pethealth is a provider of accident and illness insurance for dogs and cats to pet owners in Canada, the U.S. and the U.K. Co. operates in two business segments: Insurance operations consist of the distribution and administration of the PetCare, Pet Protect, petPals, ShelterCare, QuickCare, CherryBlue and other co-branded, white labelled or private labelled pet insurance programs. Non-insurance operations are made up of its 24PetWatch™ and Pet Protect manufacturer-neutral pet registry and recovery service, the distribution of RFID microchip technology, the development and distribution of PetPoint™, animal shelter management software program, and Petango, Co.'s on-line pet portal.
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