Animalcare Group plc won AIM Transaction of the Year Award at the AIM Awards 2017. The award is given to a Company that has been transformed by a single financial or commercial transaction during the period under review and thereby creating significant shareholder value.
The notable transaction was that of Animalcare Group plc acquiring Ecuphar NV, a European animal health company that develops and sells veterinary pharmaceutical products. The deal transformed the group increasing the stock market value of the Company to over £200m. The enlarged group is now a growing, highly cash generative, dividend paying company with a solid pipeline of new products.
The AIM Awards, now it its 22nd year, brings together quoted companies, entrepreneurs across the AIM market to recognise their achievements, growth in the last twelve months. The dinner attracts over 1,300 guests, ranging from NOMADS and brokers to accountants, lawyers, IR and financial PR professionals.