LONDON (Alliance News) - Premier Veterinary Group PLC on Tuesday said its Premier Vet Alliance (US) Ltd unit has signed a further agreement in the US for its Premier Pet Care Plan.
Premier Veterinary shares were up 24% on the news to 164.25 pence.
The new agreement has been signed with Merritt Veterinary Supplies Inc, a veterinary supplies distributor operating in the south east of the US. It is based in Columbia, South Carolina.
The initial five-year deal will see Premier Pet Care Plan, a preventative healthcare programme for pets, introduced into Merritt's 9,000 member hospitals, primarily located in South Carolina, North Carolina, Georgia, Alabama, Florida, Mississippi, Louisiana, Tennessee, Kentucky and Indiana.
No financial details on the agreement were disclosed.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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