Patterson Companies

Patterson Companies, Inc.
FormerlyPatterson Dental Company
Company typePublic
IndustryDental equipment
Veterinary pharmaceuticals
Founded1877; 147 years ago (1877) (Patterson Dental) in Milwaukee, Wisconsin
Founders
  • John G. Patterson
  • M.F. Patterson
HeadquartersMendota Heights, Minnesota, U.S.
Key people
John D. Buck (chairman)
Don Zurbay (president & CEO)
Revenue$3.237 bil FY'10Increase4.6%[1]
$212.254 mil FY'10Increase6.3%[1]
Total assets$2,447.952 mil July'10Increase1%[2]
Total equity$1,485.881 mil July'10 Increase1%[2]
Number of employees
c. 7,600 (April 28, 2023)
Divisions18 sub, 3 div
Patterson Dental Supply, Inc.
Patterson Veterinary Supply, Inc.
Animal Health International
Websitepattersoncompanies.com

Patterson Companies, Inc. provides products, technologies, services and business solutions[clarification needed] to oral and animal health customers in North America and the U.K. The company was established in 1877 as a dental company. It entered the animal health industry in 2001 with its acquisition of Webster Veterinary (now Patterson Veterinary) and expanded with its 2015 acquisition of Animal Health International, Inc.

In 2008, it was noted as having one of the lowest debt ratios among companies in the health care sector.[3] Patterson was also a member of the Nasdaq-100 until December 10, 2010 when it and six other companies were replaced. The Nasdaq-100 is composed of the 100 largest non financial stocks traded on the Nasdaq.[4]

On June 17, 2010, Patterson Medical purchased the rehabilitation part of Ireland-based DCC Healthcare (Days Healthcare, Physiomed and Ausmedic) in a move that increased Patterson Medical's revenue by 16.43% (US$70 million, fiscal year ended April 24, 2010). The new companies were added to its Homecraft Rolyan unit in the UK.[5]

  1. ^ a b "2010 fiscal year report page 3" (PDF). April 2010. Archived from the original (PDF) on 2011-07-10.
  2. ^ a b "Patterson Companies First Quarter 2010 Results" (PDF). 2010-08-26. Archived from the original (PDF) on 2011-07-10.
  3. ^ Financial Management:theory and practice
  4. ^ "Annual Changes to the NASDAQ-100 Index". 2010-12-10.
  5. ^ "Patterson Medical Acquires Rehabilitation Operating Units of DCC plc". 2010-06-17.