Vimian Group AB is acquiring 100% of iM3 Dental Limited in Ireland and 80% of iM3 Pty Ltd in Australia for EUR 84 million, marking its strategic entry into the veterinary dental market.

Information on the Target

Vimian Group AB has reached an agreement to acquire 100% ownership of iM3 Dental Limited, based in Ireland, and 80% of iM3 Pty Ltd located in Australia. iM3 is recognized as a leading global provider of veterinary dental products and equipment. Founded over 30 years ago in Australia, iM3 has established itself as the only worldwide specialist in veterinary dental care, providing a variety of products, equipment, and training to veterinary clinics across more than 40 countries.

This strategic acquisition is valued at EUR 84 million, with the potential for an additional payment of up to EUR 60 million spread over five years. This investment underlines Vimian’s intent to expand its footprint within the veterinary dental sector, a niche that is critical for the overall veterinary health market.

Industry Overview in Ireland and Australia

The veterinary sector in Ireland and Australia is experiencing noteworthy growth, driven by increasing pet ownership and a greater emphasis on animal healthcare. This trend has spurred the demand for specialized veterinary services, including

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Vimian Group AB

invested in

iM3 Dental Limited and iM3 Pty Ltd

in 2023

in a Buy & Build / Roll-Up deal

Disclosed details

Transaction Size: $84M

Enterprise Value: $84M

Equity Value: $84M

Deal Parameters
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