AHI acquires Kane Veterinary Supplies
Animal Health International (AHI) has acquired Kane Veterinary Supplies of Edmonton, Canada, for about $24m in cash and a performance-based component. Kane Veterinary reported sales in excess of $45m in fiscal 2007. It is a privately held firm founded in 1969, and distributes animal health products, pet foods, pet supplies, and general farm hardware across Canada. AHI is based in Westlake, Texas, and trades on the NASDAQ stock exchange under the ticker symbol "AHII".