US-based veterinary pharmacy Mixlab, backed by private equity firm Vanterra Ventures, has acquired Texas-headquartered NexGen Animal Health to expand its business to new animals.
Through this acquisition, the company is expected to expand its care operations to include large species like equines, exotic animals, wildlife and zoo animals.
“This acquisition marks a key milestone for Mixlab as we expand our offering with sterile and non-sterile preparations for the equine, wildlife and zoo markets,” says the company’s CEO Fred Dijols.
The acquisition will also enable growth in capacity, formulary and customer care teams by adding a fourth location in Texas. The firm currently has sites in New York, California and Florida.
Mixlab closed a $10 million (€9.1M) funding round last August as part of its Series A funding extension.
The latest articles
Rebranding: Zooplus refreshes its logo
The Munich-headquartered online retailer has undergone a rebranding to show its commitment to growth, innovation and future-looking vision.
Exclusive: The success of pet supplies in Tesco’s new UK marketplace
Britain’s largest supermarket chain shares its plans with GlobalPETS to add more suppliers to its pet section.
US: Pet ownership returns to pre-pandemic levels
New APPA research highlights the high cost of keeping dogs and cats, including vet and boarding expenses.
Weekly newsletter to stay up-to-date
Discover what’s happening in the pet industry. Get the must-read stories and insights in your inbox.