Heska Corporation acquires VetZ GmbH
This acquisition will help the company play a key role as a European leader in PIMS.
Heska Corporation—an international provider of advanced veterinary diagnostic and specialty products and solutions—has acquired VetZ GmbH (VetZ), a European innovator in veterinary practice information management software solutions (PIMS) headquartered in Germany. Initially announced on November 2, 2021, this acquisition marks a significant achievement in the company’s strategic plan.
Since its launch in 1997, VetZ has offered powerful, user-friendly, and fully integrated veterinary software solutions for improved workflow, communication, service and patient outcomes.
According to a company release, the acquisition closed under the purchase agreement in which Heska GmbH—a wholly-owned subsidiary of the company—obtained 100% of the share capital of VetZ. Heska management plans to further comment on the matter and provide more details in the company's fourth-quarter and full-year 2021 financial results report.
Additionally, the company will also expand upon the acquisition during a conference call in February 2022 and as part of its next Investor Day in the first half of 2022.
Reference
Heska Corporation completes acquisition of VetZ GmbH to become European leader in practice management software solutions. News release. Heska Corporation. January 3, 2022. Accessed January 4, 2022. https://www.prnewswire.com/news-releases/heska-corporation-completes-acquisition-of-vetz-gmbh-to-become-european-leader-in-practice-management-software-solutions-301452519.html
