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Patterson Companies Inc is a medical supplies conglomerate primarily in the business of veterinary and dental products (ranging from xray equipment to consumable products, dental consumables make up the biggest part of the dental industry). Since 2003 it also distributes general medical rehabilitative devices like braces and wheel chairs. Traditionally a dental company it diversified its business at the turn of the millenium when it acquired 55 year old company JA Webster Inc, a distributor of veterinary products. That business segment (now know as Webster Veterinary) currently distributes equipment (diagnostic and surgical) and medicine (anaesthetics, vaccines). Though large the company operates directly in only the US and Canada (in Canada through subsidiaries Sammons Preston Canada and Patterson Dental Canada). In 2008 it was noted as having one of the lowest debt ratio’s among companies in the health care sector. It is the distribution company for Sirona, one of the world’s biggest dental equipment manufacturers. More recently the company has been active in making acquisitions abroad; On June 17, 2010 Patterson Medical purchased the rehabilitation part of Ireland based DCC Healthcare (Days Healthcare, Physiomed and Ausmedic) in a move that increased Patterson Medical’s revenue by 16.43% (US$70 million, fiscal year ended April 24, 2010). The new companies were added to its Homecraft Rolyan unit in the UK. | |
| Net income | $212.254 mil FY’10 6.3% |
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| Total assets | $2,447.952 mil July’101% |
| Total equity | $1,485.881 mil July’10 1% |
| Employees | 6890 |
| Divisions | 18 sub, 3 div Patterson Dental Webster Vet Prod Patterson Medical |
| Website | Patterson Companies, Inc. |
From Wikipedia, the free encyclopedia : Dental companies