Animalcare Group plc wins AIM Transaction of the Year Award at the AIM Awards 2017
We are delighted to announce that Animalcare Group plc has won AIM Transaction of the Year Award at the AIM Awards 2017. The award is given to a Company that “has been transformed by a single financial or commercial transaction during the period under review and thereby creating significant shareholder value.”
The award following the acquisition of Ecuphar NV, a European animal health company that develops and sells veterinary pharmaceutical products. The deal has transformed the company creating a specialist pan-European animal health company with strong leadership in our chosen niches, supported by attractive and complementary market drivers. Animalcare and Ecuphar are highly complementary businesses, in particular with regard to our respective geographic markets, product portfolios and new product development pipelines, and combined will provide enhanced scale and capabilities. The enlarged group is now a growing, highly cash generative, dividend paying company with a solid pipeline of new products and now has a stock market value of the Company of around £200m.
The AIM Awards, now it its 22nd year, brings together quoted companies, entrepreneurs across the AIM market to recognise their achievements, growth in the last twelve months. The dinner attracts over 1,300 guests, ranging from NOMADS and brokers to accountants, lawyers, IR and financial PR professionals.