Patterson Logistics, a division of Patterson Companies (NASDAQ: PDCO), with warehousing and distribution in Boone, Iowa, has acquired Iowa Dental Supply in Des Moines, Iowa. Iowa Dental has served dental practices in Iowa, Nebraska, South Dakota, Missouri and Illinois, generating sales of approximately $13 mil. in 2011.
St. Paul MN—September 10, 2012—Patterson Dental, one of the nation’s largest dental distributors and
a unit of Patterson Companies, Inc. (Nasdaq: PDCO), today announced the acquisition of Iowa Dental
Supply, LLC (IDS), a full service dental distributor in Des Moines, IA., serving dental practices in Iowa,
Nebraska, South Dakota, Missouri and Illinois. Terms of the all-cash transaction were not disclosed.
IDS is expected to be modestly accretive to Patterson Dental’s profitability in Patterson’s current fiscal
IDS, with sales of approximately $13 million in calendar 2011, has a long established and highly regarded
reputation. The business serves its customers through a sales force consisting of 11 field sales
representatives and equipment specialists. Integrating IDS into Patterson Dental is expected to proceed
Paul A. Guggenheim, Patterson Dental’s president, commented: “We are excited to have Iowa Dental join
the Patterson Dental organization. IDS will strengthen the competitive position of Patterson Dental in
several of our midwestern markets. This is an extremely well-managed business, and Rick Cacciatore,
president of IDS, will become Patterson Dental’s North Central Region Manager, replacing the retiring
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian
and rehabilitation supply markets.
As Patterson’s largest business, Patterson Dental provides a virtually complete range of consumable
dental products, equipment and software, turnkey digital solutions and value-added services to dentists
and dental laboratories throughout North America.
Webster Veterinary is a leading distributor of consumable veterinary supplies, equipment and software,
diagnostic products, vaccines and pharmaceuticals to companion-pet veterinary clinics.
Patterson Medical is the world’s leading distributor of rehabilitation supplies and non-wheelchair assistive
patient products to the physical and occupational therapy markets. The unit’s global customer base
includes hospitals, long-term care facilities, clinics and dealers.