Patterson Companies Inc. announced the signing of an agreement to acquire a significant portion of the assets of Dairy Tech Inc., based in Colorado. The acquisition will allow Patterson Animal Health to expand its product and solution suites.
Patterson Companies, Inc. announced the signing of an agreement to acquire substantially all of the assets of Dairy Tech, Inc., a Colorado-based company that provides pasteurising equipment and single-use bags that allow dairy producers to produce, store, and feed colostrum for newborn calves, as well as product offerings for beef cattle producers, through a subsidiary. Following the acquisition, Patterson Animal Health’s value-add platform will be expanded by adding these products and solutions to their suite of offerings.
Dairy Tech is a privately held company that was established in 1999. With the integration of Dairy Tech employees into the Patterson Animal Health team, the acquired business will maintain its domestic and international commercial presence, bolstered by Patterson’s extensive sales force and customer relationships.
“We are excited about joining the Patterson Animal Health team and continuing to build on Dairy Tech’s success as part of Patterson,” said Dr. Rick Dumm, founder and CEO of Dairy Tech. Patterson Animal Health has long been regarded as a leading value-add provider to the production animal market.”
