Swedencare AB (publ) acquires European animal healthcare company

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Swedencare AB (publ) (“Swedencare”) has acquired the Irish animal healthcare company Ecuphar Ltd, known under the brand name NutriScience (“NutriScience”), a subsidiary of Ecuphar N.V. (“Ecuphar”).

This acquisition will give Swedencare an extensive product portfolio in the Dog & Cat segment as well in the Equine segment, a production facility in Ireland and a vast distribution network in Europe, Canada, UAE and China. Swedencare has reached an agreement to acquire NutriScience and from 16 November 2016 NutriScience is a fully-owned subsidiary of Swedencare AB.

“The acquisition gives us a product portfolio in several different therapies for dogs, cats and horses. The acquisition also provides Swedencare with a production facility that will contribute to a expansion in production and logistics for our current products. We will increase our presence in Europe and UAE. The Swedencare offer to customers will be greatly enhanced in the Dog & Cat segment and we will provide us with a presence in the Equine segment. In short, we will take a major step in becoming a global animal healthcare company” says Håkan Lagerberg, CEO, Swedencare AB.
About Swedencare:
Swedencare develops, markets and sells premium products in the expanding global animal healthcare market. The patented product family of ProDen PlaqueOff has distribution in 50 countries in all continents. With a global distribution network of sales offices in Sweden, USA, UK and France, together with a vast network of external distributors, Swedencare are actively involved in expanding our product portfolio. Swedencare is in high-growth mode with high profitability. The company´s shares are listed on Nasdaq First North.

For more information please visit us at www.swedencare.se.
Håkan Lagerberg, CEO Swedencare – Mobile: +46 (0)73 517 01 70

Email: hakan.lagerberg@swedencare.se