{"id":855193,"date":"2025-06-12T22:12:37","date_gmt":"2025-06-13T03:12:37","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/12\/ebos-buys-svs-veterinary-supplies-looks-to-raise-up-to-275-million\/"},"modified":"2025-06-12T22:12:37","modified_gmt":"2025-06-13T03:12:37","slug":"ebos-buys-svs-veterinary-supplies-looks-to-raise-up-to-275-million","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/12\/ebos-buys-svs-veterinary-supplies-looks-to-raise-up-to-275-million\/","title":{"rendered":"EBOS buys SVS Veterinary Supplies, looks to raise up to $275 million"},"content":{"rendered":"
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\"EBOS\"<\/p>\n

\nEBOS is to buy SVS Veterinary Supplies. <\/span>
\nPhoto: RNZ \/ Nate McKinnon<\/span><\/span>\n<\/p>\n<\/div>\n

EBOS – the animal and health care company behind well-known pet shop Animates – is raising up to NZ$275 million (A$250m) to buy 100 percent of New Zealand’s SVS Veterinary Supplies.<\/p>\n

SVS supplied pet medicines and other products to about 500 veterinary clinics and 200 speciality retailers in New Zealand and has more than a hundred employees.<\/p>\n

“We are excited to welcome SVS to EBOS. SVS is a long-standing and successful business with a leading position in New Zealand,” EBOS chief executive John Cullity said.<\/p>\n

“The acquisition represents a logical expansion of our existing veterinary wholesale business in Australia and, over time, we see opportunities to share relationships and best practice across these businesses.”<\/p>\n

EBOS already raised $217m (A$200m) in a fully underwritten offer of 5.9m new shares to institutional investors and will raise another $54m (A$50m) in a retail offer to shareholders, which opens on Wednesday, 16 April.<\/p>\n

The funds will be used to make an upfront payment of $115m to SVS and up to $10m more based SVS’s future earnings.<\/p>\n

EBOS also bought a 10 percent stake in Transmedic for about $35m, bringing its stake to 100 percent.<\/p>\n

That followed EBOS’s initial 51 percent buy-in of Transmedic in May 2022 as part of the LifeHealthcare acquisition, and a further purchase of 39 percent stake in in December 2023.<\/p>\n

EBOS will use any money left over from the capital raise will be used to fund additional growth opportunities.<\/p>\n

EBOS confirmed its earlier full year underlying guidance of between A$575 million to A$600 million, which excluded any contribution from SVS, while Transmedic’s earnings had been consolidated in financial statements since the initial 51 percent purchase in May 2022.<\/p>\n

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Randy Wiers
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Navigation for News Categories EBOS is to buy SVS Veterinary Supplies. Photo: RNZ \/ Nate McKinnon EBOS – the animal and health care company behind well-known pet shop Animates – is raising up to NZ$275 million (A$250m) to buy 100 percent of New Zealand’s SVS Veterinary Supplies. SVS supplied pet medicines and other products to<\/p>\n","protected":false},"author":1,"featured_media":855194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32837,28565],"tags":[16201,120202],"class_list":{"0":"post-855193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-supplies","8":"category-veterinary","9":"tag-supplies","10":"tag-veterinary"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/855193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=855193"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/855193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/855194"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=855193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=855193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=855193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}