History

On 13th July 2017 Animalcare Group plc completed the acquisition of Ecuphar NV. The acquisition was funded through a combination of the issue of £100.6m consideration shares to the vendors and a £34m cash payment satisfied in part through a placing of new shares at placing price of 350 pence per share, with the balance of £4.0 million funded by existing cash held by the Group.

Animalcare and Ecuphar are highly complementary businesses, in particular with regard to their geographic markets, product portfolios and new product development pipelines and the acquisition will provide enhanced scale and capabilities. The enlarged group now serves customers and markets in more than 50 countries worldwide.

The history of the Animalcare and Ecuphar groups is shown below:

History of Animalcare

2010

Divested the agricultural business of Ritchey plc to focus solely on the veterinary operations of Animalcare Ltd

2008

Ritchey plc acquires Animalcare Ltd. The enlarged group subsequently commenced trading on AIM under the name of Animalcare Group plc

2006

Animal Health Division divested (Excluding Animalcare)

1999

Animalcare acquired by Genus plc

1994

Genus plc formed from break up of MMB

1988

Vet Drug Company forms product development company Animalcare Ltd

1958

Vet Drug Company (veterinary wholesaler) formed

History of Ecuphar

2015

Acquisition of Esteve Animal Health businesses in Spain, Portugal and Italy

2011

Acquisition of Riemser Animal Health product portfolio in Germany

2009

Acquisition of NutriScience, OTC equine and pet business in Ireland

2004
-08

Various acquisitions to form instruments and OTC business

2001

Cardon Pharmaceuticals formed