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Subsequent Event
12 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]  
Subsequent Event

18. Subsequent Event

 

On November 1, 2013, subsequent to our fiscal year end, we acquired substantially all of the assets of IVESCO Holdings, LLC (“IVESCO”)  for an enterprise value of approximately $67.5 million, plus a closing  net working capital adjustment of approximately $11.2 million. This transaction is subject to a final post-closing working capital adjustment. The cash purchase price was funded with borrowings by the Company under its existing Credit Agreement. IVESCO engaged in the distribution and sale of animal health and related products and service, logistics and technical support relating to such distribution and sale of animal health and related products.

 

As the initial accounting for the business combination was not complete at the time the financial statements were issued, the purchase price allocation and pro-forma income statement disclosures have not been disclosed.