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Acquisition falls through

January 1, 2007

Dublin, OH - Unable to agree on acquisition terms, Butler Animal Health Supply terminated a letter of intent to acquire IVESCO, a leading product distributor.

DUBLIN, OH — Unable to agree on acquisition terms, Butler Animal Health Supply terminated a letter of intent to acquire IVESCO, a leading product distributor.

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Ranking as the largest national companion animal health supplies distributor to veterinarians, Butler signed a letter of intent to purchase IVESCO in June 2006.

IVESCO is a privately held company that operates across the United States in 25 locations, with corporate headquarters in Iowa Falls, Iowa.

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