SRx Shareholders Approve Better Choice Acquisition
Deal News | Feb 24, 2025 | Globenewswire
SRx Health Solutions, a Canadian healthcare service provider, has held a special meeting of shareholders where approximately 93% voted in favor of the acquisition by Better Choice Company, a pet health and wellness company. The acquisition further amplifies Better Choice's footprint, aligning with its vision to transform the pet health industry. Better Choice will hold its own Special Meeting of stockholders on March 21, 2025, exclusively via webcast to finalize the transaction. The company also intends to provide updated proxy materials to ensure stockholders are adequately informed before casting their votes. Better Choice has emphasized forward-looking strategies, focusing on nutritional approaches in pet health, while SRx's goals include expanding its specialty pharmacy operations and enhancing global healthcare integration.
Sectors
- Healthcare Services
- Pet Health and Wellness
- Pharmaceuticals
Geography
- United States – Better Choice Company is based in Tampa, Florida, and operates in the U.S. market.
- Canada – SRx Health Solutions is a national company operating in Canada with plans to expand.
Industry
- Healthcare Services – Relevant as SRx Health Solutions operates as a healthcare service provider in the specialty pharmacy segment.
- Pet Health and Wellness – Better Choice Company's primary focus is on the pet health and wellness industry.
- Pharmaceuticals – SRx is involved in pharmaceutical management, focusing on specialty drugs and chronic disease care.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Better Choice Company Inc. | Bidding Company | Company | A rapidly growing pet health and wellness company committed to innovative pet product solutions. |
SRx Health Solutions, Inc. | Target Company | Company | A Canadian healthcare service provider specializing in specialty pharmacy services. |