covetrus inc.
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PublishedOctober 10, 2022
On eve of potential sale, Maine’s largest public company is fending off lawsuits
The possible $35 million settlement of a 2019 suit against Covetrus Inc. comes as shareholders will decide Tuesday whether to sell the veterinary technology and services company to a pair of private investment firms.
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PublishedOctober 3, 2022
Hotel opening in Portland’s East End, as office building nears completion next door
Upscale hotel chain Cambria is booking rooms and two Portland companies will soon move to an adjacent seven-story complex.
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PublishedSeptember 26, 2022
Clock is ticking for future of Maine’s largest public company
Covetrus could be sold and taken private if shareholders approve a $4 billion deal on Oct. 11.
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PublishedNovember 10, 2020
Covetrus reports net loss, higher revenue for third quarter
The Portland-based company cited challenges related to the coronavirus pandemic when explaining the quarterly net loss.
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PublishedMarch 16, 2020
Maine employers send workers home, make drastic changes
The coronavirus is forcing large Portland-area businesses to adopt new rules to keep workers healthy and business humming.
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PublishedMarch 12, 2020
Covetrus co-founder David Shaw to leave board of directors
He says he will not seek re-election to the Portland veterinary company's board, citing personal health reasons.
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PublishedMarch 3, 2020
Covetrus announces $1 billion loss for its troubled first year
The Portland-based veterinary technology company intends to focus on its core business under a new permanent CEO announced Tuesday.
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PublishedJanuary 15, 2020
Covetrus to sell off animal health business, merge another with Spanish firm
Selling a division for $125 million will help the Portland-based company pay down debt, while the merger with Distrivet of Spain will expand its Iberian operations.
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PublishedJanuary 7, 2020
Portland-based Covetrus announces another senior management change
Following a troubled first year of operations, the veterinary technology and services company has replaced its chairman, CEO, chief financial officer and global supply chain officer.
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PublishedDecember 17, 2019
More turnover at Covetrus as executive accused in investors’ lawsuit steps down
Executive Vice President and Chief Financial Officer Christine Komola leaves her job two months after the company's former president and CEO, Benjamin Shaw.
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