IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.

Overview
Date Founded

1983

Headquarters

6 Ashley Dr, Scarborough, ME, 04074, US

Type of Company

Public

Employees (Worldwide)

9,300

Industries

Medical Products & Equipment
Biotechnology
Consumer Services
Computer Software
Computer Hardware
Appliances & Electronics
Hospitals & Patient Services

Company Description

IDEXX Laboratories, Inc. engages in the development, manufacture, and distribution of products and services for the animal veterinary, livestock and poultry, dairy and water testing markets. It operates through the following segments: CAG, Water, LPD, and Other. The CAG segment develops, designs, manufactures, and distributes products and performs services for veterinarians and the biomedical analytics market, primarily related to diagnostics and information management. The Water segment develops, designs, manufactures, and distributes a range of products used in the detection of various microbiological parameters in water. The LPD segment develops, designs, manufactures, and distributes diagnostic tests and related instrumentation and performs services, which are used to manage the health status of livestock and poultry, to improve producer, and to ensure the quality and safety of milk and food. The Other operating segment combines and presents products for the human point-of-care medical diagnostics market with its out-licensing arrangements. The company was founded by David Evans Shaw on December 19, 1983 and is headquartered in Westbrook, ME.

Contact Data
Trying to get in touch with decision makers at IDEXX Laboratories, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Executive Vice President, Chief Financial Officer & Treasurer

Senior Vice President General Counsel & Corporate Secretary

Senior Vice President Chief Marketing Officer

Executive Vice President & Chief Commercial Officer

Corporate Vice President & Chief Information Officer

Chief Information Officer & Senior Vice President

Senior Vice President & Chief Human Resources Officer

Senior Vice President General Manager, Companion Animal Group Customer Facing Organization

Executive Vice President General Manager, Point of Care Diagnostics & Worldwide Operations

Board of Directors

Advisory Director at Berkshire Partners LLC

Founder at Szostak Partners LLC

Founder at Kids First (Virgin Islands)

Friend of Fitz at Fitz Gate Ventures LP

Fellow Member at The Institute of Electrical & Electronics Engineers, Inc.

Former Chief Financial Officer & Vice President at Nashua Corp.

President & Chief Executive Officer at IDEXX Laboratories, Inc.

Chief Financial Officer at Illumina, Inc.

Former President at Carrier Corp.

General Manager, Biobanks at DNAnexus, Inc.

Paths to IDEXX Laboratories, Inc.
Potential Connections via
Relationship Science
You
IDEXX Laboratories, Inc.
Owners & Shareholders
Details Hidden

Fundsmith is a fund management company established in 2010 by Terry Smith. The business is 100% owned and controlled by its partners, who have worked closely together over many years, and is headquartered in London with an office in Connecticut, USA. The investment process of the Fundsmith Equity Fund will be the only equity fund strategy that we employ and the Fundsmith Equity Fund is the main vehicle for Terry’s own investments.

Details Hidden

BAMCO principally manages long-only investment strategies for capital appreciation with production of income incidental to that objective. Each portfolio manager’s ability to choose appropriate investments for an account has a significant impact on their ability to achieve an account’s investment objective. The firm’s investment professionals are focused on fundamental analyses of businesses. Their primary objective is to understand the key drivers of growth and profitability of each company in which they invest. They analyze the following financial information: income statement, cash flow statement, balance sheet, turnover and ROE metrics, unit economics, and other company-specific data. This information is filtered through their valuation models, which they use to extrapolate long-term trends. They have meetings with the management which is a critical element of the firm’s research process.

Details Hidden

Brown Advisory provides investment management services through a variety of investment vehicles including mutual funds, separate accounts and private funds. Different factors, including account type and size, may be used to determine which vehicle is most appropriate for the client. The firm utilizes different methods of analysis that are tailored to their investment strategies. As a general matter, they employ fundamental, bottom-up research utilizing proprietary and non-proprietary analysis and data to formulate investment advice.

Recent Transactions
Details Hidden

IDEXX Laboratories, Inc. purchases Animana BV

Details Hidden

IDEXX Laboratories, Inc. purchases Madasa Do Brasil Ltda.

Details Hidden

IDEXX Laboratories, Inc. purchases College of Veterinary Medicine /RADIL Business from University of Missouri - Columbia

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onIDEXX Laboratories, Inc. purchases Genera Technologies Ltd.

Investment Advisor

Advised onIDEXX Laboratories, Inc. purchases Advanced Veterinary Systems

Accountant

Advised onIDEXX Laboratories, Inc. purchases Dr. Bommeli AG from Akzo Nobel NV

Advisors & Consultants
Legal Advisor

Chair, Corporate Practice Group at Wilmer Cutler Pickering Hale and Dorr LLP

Legal Advisor

Partner at Goodwin Procter LLP

Advisor

Former Executive Vice President at IDEXX Laboratories, Inc.

Clients

Arizona Humane Society is an American nonprofit company located in Phoenix, AZ. The firm provides animal welfare services.

Euro Tech Holdings Co. Ltd. engages in the manufacture and distribution of water treatment equipment. It operates through the Trading and Manufacturing, and Engineering business segments. The Trading and Manufacturing segment offers laboratory instruments, analyzers, test kits, and power generation equipment. The Engineering segment involves in water and waste-water treatment engineering and air pollution control business through Pact-Yixing, the firm's wholly-owned subsidiary. The company was founded on September 30, 1996 and is headquartered in Hong Kong.

AAWL provides medical care, behavior evaluation and training, food and shelter for homeless dogs and cats; to place animals in stable and loving homes; to promote and provide spay/neuter surgeries to reduce the unwanted animal population; and to educate the community on the proper care and treatment of animals.

Key Stats and Financials As of 2020
Market Capitalization
$52.3B
Total Enterprise Value
$44B
Earnings Per Share
$6.71
Revenue
$2.71B
Net Profit
$582M
Total Debt
$1B
EBITDAMargin
29.27%
EBITDA
$792M
Total Equity
$633M
Three Year Compounded Annual Growth Rate Of Revenue
11.19%
Enterprise Value / Sales
16.25x
Enterprise Value EBITDAOperating
55.38x
TEVNet Income
75.58x
Debt TEV
0.02x
Investors
Details Hidden

Co-Founder & Managing Partner at Flagship Pioneering

Suppliers
Moss, Inc. Building Products & Construction Materials | Elk Grove Village, IL

Moss, Inc. manufactures and distributes tension fabric structures and display hardware. Its products include fabric wall system, linear expressions, moss grove, rentals and shapes. The firm's clients include exhibits, event, retail and sports industries. The company was founded in 1975 by C. William Moss and is headquartered in Elk Grove Village, IL.

Cornell University Computer Software | Ithaca, New York

Cornell is a privately endowed research university and a partner of the State University of New York. As the federal land-grant institution in New York State, they have a responsibility—unique within the Ivy League—to make contributions in all fields of knowledge in a manner that prioritizes public engagement to help improve the quality of life in our state, the nation, the world.

Thermo Fisher Scientific, Inc. Computer Software | Waltham, Massachusetts

Thermo Fisher Scientific, Inc. engages in the provision of analytical instruments, equipment, reagents and consumables, software and services for research, analysis, discovery, and diagnostics. It operates through the following segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The Life Sciences Solutions segment comprises of portfolio of reagents, instruments, and consumables used in biological and medical research, discovery and production of new drugs, and vaccines, as well as diagnosis of disease. The Analytical Instruments segment offers instruments, consumables, software, and services that are used for a range of applications in the laboratory on the production line and in the field. The Specialty Diagnostics segment gives diagnostic test kits, reagents, culture media, instruments, and associated products used to increase the speed and accuracy of diagnoses. The Laboratory Products and Services segment involves in providing everything needed for the laboratory, including a combination of self-manufactured and sourced products for customers in research, academic, government, industrial, and healthcare settings. The company was founded on October 11, 1960 and is headquartered in Waltham, MA.

Competitors
Danaher Corporation Industrial Machinery & Manufacturing - Washington, DC

Danaher Corp. operates as a medical company, which designs, manufactures, and markets professional, medical, industrial, and commercial products and services. It operates through the following segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines. The Diagnostics segment comprises of analytical instruments, reagents, consumables, software, and services that hospitals, physician's offices, reference laboratories, and other critical care settings use to diagnose disease and make treatment decisions. The Environmental & Applied Solution segment offers products and services that help protect important resources and keep global food and water supplies safe. The company was founded by Steven M. Rales and Mitchell P. Rales in 1969 and is headquartered in Washington, DC.

Abbott Laboratories Pharmaceuticals - Abbott Park, Illinois

Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. The company was founded by Wallace Calvin Abbott in 1888 and is headquartered in Abbott Park, IL.

Covetrus, Inc. Computer Software - Portland, ME

Covetrus, Inc. engages in developing technologies and services for animal health industry. It also provides products, software, and services to help drive improved patient health, strong client relationships and successful financial outcomes for veterinary professionals. The firm geographically operates through the segments: North America, Europe and Asia Pacific (APAC) & Emerging Markets. The company was founded by Benjamin J. Shaw in 2014 and is headquartered in Portland, ME.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by IDEXX Laboratories, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of IDEXX Laboratories, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and IDEXX Laboratories, Inc..