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Covetrus to merge with MWI Animal Health for $3.5B

PRIVATEAug 13, 2026•about 2 hours ago

Acquiring Company

Covetrus

Acquired Company

MWI Animal Health

PortlandWashingtonAgriculture and FarmingFinancial ServicesHealth CareHealth CareAnimal FeedPetVeterinary

Description

Covetrus has announced a merger with MWI Animal Health valued at $3.5 billion. The present owners of MWI, Cencora, are set to receive $1.25 billion in cash proceeds. This merger aims to enhance service offerings in the veterinary market and improve operational efficiencies.

Company Information

Company

Covetrus

Location

Portland, Oregon, United States

About

Covetrus is a global animal-health technology and services company dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. We are bringing together products, services, and technology into a single platform that connects our customers to the solutions and insights they need to work best. Our passion for the well-being of animals and those who care for them drives us to advance the world of veterinary medicine. Covetrus is headquartered in Portland, Maine with more than 5,500 employees serving over 100,000 customers around the globe. For more information about Covetrus visit https://covetrus.com/.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired MWI Animal Health?

MWI Animal Health was acquired by Covetrus, based in Portland. The deal was reported on August 13, 2026. Covetrus is a global animal-health technology and services company dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. Covetrus is privately held and operates in Agriculture and Farming.

When did Covetrus acquire MWI Animal Health?

Covetrus's acquisition of MWI Animal Health was reported on August 13, 2026. Covetrus has announced a merger with MWI Animal Health valued at $3.5 billion. The present owners of MWI, Cencora, are set to receive $1.25 billion in cash proceeds. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MWI Animal Health do?

MWI Animal Health provides exceptional service and efficiency to the animal health industry for over 50 years. The company focuses on supporting its stakeholders' needs and promoting advancements in animal care. It is privately held, operating in Health Care, and is based in Washington.

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