Our Purpose
The sustainable improvement of animal health and welfare globally
Our Strategic Growth Drivers
Pipeline
Delivery
Our Objective
Deliver our pipeline on time, at the right costs and with the expected returns. Refill the pipeline so that we get a constant flow of new products in future years.
Portfolio
Focus
Our Objective
Maximise our revenue by increasing market penetration, focusing on targeted therapeutic sectors within CAP, Equine, FAP and Nutrition.
Geographical
Expansion
Our Objective
Leverage our product portfolio into new geographic regions through distribution partners, in-country presence and new country product registrations.
Acquisition
Our Objective
Expand our geographical footprint and/or enhance our product portfolio through acquisition.
Our Strategic Enablers Support the Execution of Our Strategy
Manufacturing and Supply Chain
Technology
People
ESG
Our Progress in Numbers
2014
1,327
Product registrations in 2014
40
Countries distributed to in 2014
13
Sales and Marketing organisations in 2014
3
Manufacturing sites owned in 2014
1,287
Number of employees in 2014
2021
5,669
Product registrations in 2021
68
Countries distributed to in 2021
25
Sales and Marketing organisations in 2021
7
Manufacturing sites owned in 2021
1,975
Number of employees in 2021
Our Acquisition Timeline
Commenced
trading in Italy
Acquired PSP
US bolt-on
2014
Revenue £515.1m
Acquired Putney
Transformational
US deal
Acquired Apex
Access
to Australian
CAP market
2016
Revenue £247.6m
Acquired LeVet Adds to EU product portfolio
Acquired AST Farma Strengthens Dutch market position and provides direct-to-vet relationship
2018
Revenue £407.1m
Acquisition of Ampharmco Supports US manufacturing
Acquisition of Mirataz Expands our product portfolio
2020
Revenue £515.1m
2015
Revenue £203.5m
Commenced trading in Canada and Poland
Acquired Genera Entry into poultry vaccines
2017
Revenue £359.3m
Acquired RxVet Access to New Zealand
Acquired 33% of Medical Ethics Access to novel product development
2019
Revenue £481.8m
Acquired a further 15% of Medical Ethics Strengthens pipeline
Acquired Venco Access to Brazil and South American markets
Acquired trade and assets of Caledonian Access to equine products
2021
Revenue £608.0m
Acquisition of Osurnia Expands our product portfolio
Acquired a further 1.5% of Medical Ethics Strengthens pipeline
2014
Revenue £515.1m
Commenced
trading in Italy
Acquired PSP
US bolt-on
2015
Revenue £203.5m
Commenced trading in Canada and Poland
Acquired Genera Entry into poultry vaccines
2016
Revenue £247.6m
Acquired Putney Transformational US deal
Acquired Apex Access to Australian CAP market
2017
Revenue £359.3m
Acquired RxVet Access to New Zealand
Acquired 33% of Medical Ethics Access to novel product development
2018
Revenue £407.1m
Acquired LeVet Adds to EU product portfolio
Acquired AST Farma Strengthens Dutch market position and provides direct-to-vet relationship
2019
Revenue £481.8m
Acquired a further 15% of Medical Ethics Strengthens pipeline
Acquired Venco Access to Brazil and South American markets
Acquired trade and assets of Caledonian Access to equine products
2020
Revenue £515.1m
Acquisition of Ampharmco Supports US manufacturing
Acquisition of Mirataz Expands our product portfolio
2021
Revenue £608.0m
Acquisition of Osurnia Expands our product portfolio
Acquired a further 1.5% of Medical Ethics Strengthens pipeline
Strategy in Action
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