Ebos buys SVS Veterinary Supplies for $115m, will raise $270m

Ebos buys SVS Veterinary Supplies for $115m, will raise $270m
Ebos chief executive John Cullity said SVS is a long-standing and successful business with a leading position in New Zealand. (Image: Ebos)
Rebecca Stevenson
Listed animal and healthcare firm Ebos will raise about $270 million of new equity and has acquired pet medicine firm SVS Veterinary Supplies for $115m. In a statement on Thursday night, Ebos said it paid $115m up front for SVS with a $10m earnout. Ebos said that SVS was a leading supplier of pet medicines and other products to more than 500 veterinary clinics and specialty retailers in New Zealand.  It has more than 100 employees in five locations in Hamilton, Palmerston North, Wellington and Christchurch. For the year...

More Markets

NZ sharemarket down 1.5% for week, 8.4% for year
Markets Market Close

NZ sharemarket down 1.5% for week, 8.4% for year

"We may have seen the worst of the tariff announcements ..."

Graham Skellern 11 Apr 2025
Asian markets fall as Trump acknowledges costs
Markets

Asian markets fall as Trump acknowledges costs

In early trade in Asia on Friday, Japan's Nikkei tumbled more than 5%.

AFP 11 Apr 2025
Ebos gets 'strong support' for $217m raise
Markets

Ebos gets 'strong support' for $217m raise

The new shares will be priced at $36.65.

Tech stocks tumble as US-China trade war worsens
Markets

Tech stocks tumble as US-China trade war worsens

The S&P 500 fell nearly 6% by early afternoon Thursday in the US.