Covetrus Inc (CVET)

Covetrus, Inc. engages in the sale of animal-health consumable products, including proprietary and Covetrus-branded products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, parasiticides, and vitamins and supplements, to wholesale and retail customers. The company also offers value-added solutions, such as inventory management and e-commerce, as well as continuing education services for practitioners. In addition, it provides practice management software, data-driven applications, client communications tools, and related services to increase staff efficiency and enhance business health, as well as solutions that integrate with its software platforms, including client communication services, reminders, data backup services, hardware sales and support, and credit card processing services for veterinary practitioners and animal-health clinics. Further, the company engages in the distribution of finished goods pharmacy and specialty pharmaceutical compounding products, as well as offers shipping, manufacturer incentives, service fees, data integration, and support services. It serves animal health and veterinary practices and clinics in the companion-animal, equine, and large-animal markets. Covetrus, Inc. was formerly known as HS Spinco, Inc. and changed its name to Covetrus, Inc. in February 2019. The company was incorporated in 2018 and is based in Portland, Maine.