Animalcare (GB:ANCR) has released an update.
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Animalcare Group has announced a significant acquisition of Randlab, an Australian equine veterinary business, for A$120 million. This strategic move aims to boost Animalcare’s growth by expanding its footprint in the equine market, which is projected to grow at a healthy rate. The acquisition is expected to enhance earnings significantly and aligns with Animalcare’s long-term strategy.
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