CH& Client Phoenix Central Laboratory for Veterinarians, Inc., Announces Sale to Zoetis Inc.
Cairncross & Hempelmann represented Phoenix Central Laboratory for Veterinarians, Inc. (Phoenix Lab) in its sale to Zoetis Inc. (NYSE:ZTS). Dwight Wheaton led the Cairncross & Hempelmann team, which represented the seller in all aspects of the negotiation and sale.
Phoenix Lab was founded in 1989 and headquartered near Seattle, Washington. The company provided veterinary clinics in 20 states with complete clinical and pathology testing. The investment in Phoenix Lab’s comprehensive reference laboratory services expands the solutions that Zoetis can now provide customers to predict, prevent, detect, and treat disease in animals.
“At Phoenix Lab, we are extremely proud of our consistent track record in serving veterinarians’ diagnostic needs and the trusted relationships we have built with our customers. Going forward, we are thrilled to join with Zoetis to offer our customers even more for their animal health needs,” says John Evans, Chief Executive Officer and President of Phoenix Lab.