Swedencare AB (publ) acquires the operations of an American Pet Health company focused on the Veterinary sector
Non-official translation of the original Swedish press release Swedencare AB (publ) (”Swedencare”) acquires the operations of the American Pet Health company, Animal Pharmaceuticals Inc. (”Animal Pharmaceuticals”). The purchase price amounts to approximately 131 million SEK with a possible additional purchase price of maximum 87 million SEK, dependent on the additional purchase price the cash consideration will consist of approximately 91-178 million SEK and a directed new share issue of 251 994 shares in Swedencare to the seller upon closing, which is expected to take place on October 1st,