{"id":1878,"date":"2018-01-08T10:33:21","date_gmt":"2018-01-08T10:33:21","guid":{"rendered":"http:\/\/phosdev.com\/todaysveterinarybusiness\/?p=1878"},"modified":"2022-03-17T15:49:55","modified_gmt":"2022-03-17T15:49:55","slug":"henry-schein-buys-majority-share-brazils-abase","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/henry-schein-buys-majority-share-brazils-abase\/","title":{"rendered":"Henry Schein buys majority share of Brazil\u2019s ABASE"},"content":{"rendered":"

Henry Schein Inc. has acquired a 60 percent ownership stake in ABASE, a Brazilian veterinary products distributor.<\/p>\n

The transaction was announced Jan. 8. Financial terms were not disclosed.<\/p>\n

\u201cThis ownership investment strengthens our position in Brazil\u2019s animal health market, which we established earlier this year in the state of Rio de Janeiro with our investment in Tecnew,\u201d said Stanley M. Bergman, Henry Schein\u2019s chairman and CEO. \u201cIt also diversifies our relationship with global suppliers and approximately doubles our volume in Brazil.\u201d<\/p>\n

ABASE reported 2017 revenue of $27 million, less than 1 percent of Henry Schein\u2019s 2016 global animal health sales of $3.3 billion. ABASE distributes drugs, pet food, diagnostic equipment and consumables to small animal and livestock veterinarians.<\/p>\n

Henry Schein<\/a> reported that ABASE founder Edison Baba will retain a minority share of the company and serve as managing director.<\/p>\n

ABASE employs about 90 people and operates a warehouse in Jaguariuna, north of S\u00e3o Paulo.<\/p>\n

Henry Schein is headquartered in Melville, New York.<\/p>\n","protected":false},"excerpt":{"rendered":"

The purchase gives Henry Schein a firmer sales foothold in the South American nation.<\/p>\n","protected":false},"author":45,"featured_media":1879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[90],"tags":[],"class_list":["post-1878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-online","column-news","clinical_topics-news"],"acf":{"hide_sidebar":false,"hide_sidebar_ad":false,"hide_all_ads":false},"yoast_head":"\nHenry Schein buys majority share of Brazil\u2019s ABASE | Today's Veterinary Business<\/title>\n<meta name=\"description\" content=\"The purchase gives Henry Schein a firmer sales foothold in the South American nation.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Henry Schein buys majority share of Brazil\u2019s ABASE\" \/>\n<meta property=\"og:description\" content=\"The purchase gives Henry Schein a firmer sales foothold in the South American nation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/henry-schein-buys-majority-share-brazils-abase\/\" \/>\n<meta property=\"og:site_name\" content=\"Today's Veterinary Business\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/todaysveterinarybusiness\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-08T10:33:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-17T15:49:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/wp-content\/uploads\/sites\/2\/2018\/01\/Brazil.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"544\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Louise S. Dunn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@tvbpublication\" \/>\n<meta name=\"twitter:site\" content=\"@tvbpublication\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Louise S. Dunn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/navc.sitepreview.app\\\/todaysveterinarybusiness.com\\\/henry-schein-buys-majority-share-brazils-abase\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/navc.sitepreview.app\\\/todaysveterinarybusiness.com\\\/henry-schein-buys-majority-share-brazils-abase\\\/\"},\"author\":{\"name\":\"Louise S. 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