23 Dec 2011

Healthcare products firm buys Masterpet

9:00 pm on 23 December 2011

Listed healthcare products company Ebos has bought Masterpet from a consortium of private owners for $105 million.

Masterpet employs almost 300 people and has a New Zealand head office with distribution centres in Wellington in Sydney.

Ebos managing director Mark Waller told Evening Business on Checkpoint that Masterpet met many of his company's requirements.

It was number one in New Zealand and growing rapidly in Australia, it was a sound business with a good track record, good margins and a great management team that had been in place for some time.