TLT has advised the shareholders of Vetswest Limited, a leading UK veterinary support services provider, on its acquisition by MWI Veterinary Supply, the leading animal health distribution company in the United States.
The TLT team was led by corporate partner Alice Gardner and included corporate partner John Wood; corporate solicitor, Nicole Spurling; employment pensions and incentives solicitors, Ben Player, Angharad Schell and Natalie Stoter; and corporate trainee solicitor, Mastane Williamson.
TLT’s Alice Gardner said: “Being part of MWI Veterinary Supply marks an exciting new phase for Vetswest. The 235 member veterinary practices that Vetswest supports will directly benefit from the additional resources now available; bringing new innovation to the market.
"We're delighted to have worked shoulder to shoulder with the shareholders' representatives and their corporate finance advisors to ensure that this complex transaction was successfully delivered."
Vetswest's retiring managing director, David Buckley said: "TLT provided us with a supportive robust legal structure which at all times made us feel as though we were in control of the process, whilst they negotiated terms in a mature way to deliver successful outcome."
MWI is part of AmerisourceBergen, one of the largest global pharmaceutical sourcing and distribution services companies. The deal allows MWI to expand the range of services it offers to the animal health profession in the UK.