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)

8,377

Industries

Medical Products & Equipment
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: Companion Animal Group; Water; Livestock, Poultry, and Dairy; and Other. The Companion Animal Group segment refers to diagnostic and information technology-based products and services for the veterinary market. The Water segment includes water quality products for testing of certain microbiological water contaminants. The Livestock, Poultry, and Dairy segment involves diagnostic, health-monitoring, and food safety testing products for livestock and poultry health, and dairy products. The Other segment include products for the human point-of-care medical diagnostics market with the company's pharmaceutical product line and 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

Corporate Vice President General Counsel & Corporate Secretary

Vice President & Chief Marketing Officer

Chief Technology Officer & Vice President

Chief Commercial Officer & Executive Vice President

Chief Information Officer & Vice President

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

Corporate Vice President General Manager, Companion Animal Group EMEA & Asia Pacific

Corporate Vice President General Manager, Reference Laboratories

Board of Directors

Advisory Director at Berkshire Partners LLC

Founder at Szostak Partners LLC

Co-Director, Business & Environment Initiative at Harvard University - Harvard Business School

President & Chief Executive Officer at IDEXX Laboratories, Inc.

Founder at Kids First (Virgin Islands)

Executive Advisor at Water Street Healthcare Partners LLC

Former Chief Financial Officer & Vice President at Nashua Corp.

Former Vice President-Emerging Technology Partnerships at International Business Machines Corporation

Senior Vice President & Chief Financial Officer at Illumina, Inc.

Former Vice President-Mergers & Acquisitions at Morgan Stanley & Co. LLC

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's investment strategy is to invest in growth businesses for capital appreciation potential. 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

WBIM is an active investment manager that utilizes a variety of methods and strategies to make investment decisions and recommendations. The firm employs both fundamental and technical research methods when evaluating investment opportunities. They use various resources such as financial newspapers, magazines and websites; corporate data; ratings services; third party research; SEC filings; company press releases; and proprietary research. WBIM manages primarily US international and global equity portfolios and US fixed income portfolios for their clients. Their investment strategies include: US Growth; US Value; International and Global Equity; Chinese Securities; US Fixed Income, Hedge Fund Strategies, Dynamic Allocation; International Systematic Research; and Directional Multi-Alternative Strategies.

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

Millard Wallace Ickes, DVM, founded MWI in Nampa, Idaho, in 1976 to address the needs of veterinarians in the Northwest. As the word spread that MWI offered quality service and competitive pricing, the business grew rapidly. Today, MWI’s growth continues because we know that we won’t be successful unless you are, and we continue to develop solutions centered on your success. Our Mission and Core Values MWI’s mission is to be the best resource to the veterinary profession by delivering superior value, efficiency and innovation.

Key Stats and Financials As of 2018
Market Capitalization
$24.2B
Total Enterprise Value
$17.3B
Earnings Per Share
$4.26
Revenue
$2.21B
Net Profit
$377M
EBITDA
$578M
EBITDAMargin
26.12%
Total Debt
$1B
Total Equity
$-9.23M
Enterprise Value Sales
7.83x
Enterprise Value EBITDAOperating
29.98x
TEVNet Income
45.97x
Debt TEV
0.06x
Three Year Compounded Annual Growth Rate Of Revenue
11.38%
Five Year Compounded Annual Growth Rate Of Revenue
9.96%
Non-Profit Donations & Grants
Investors
Details Hidden

Co-Founder 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 Entasi, EZ Fabric Wall System, EZ N-Line, 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 five segments: Life Sciences, Diagnostics, Dental, 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 Dental segment develops products and services that are used to diagnose, treat and prevent disease and ailments of the teeth, gums, and supporting bones; as well as to improve the aesthetics of the human smile. 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, Cardiovascular and Neuromodulation Products, and Other. 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 Vascular Products segment trades coronary, endovascular, structural heart, vessel closure, and other medical device products. The Other segment comprises of Abbott Medical Optics. 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 company was founded on April 13, 2018 and is headquartered in Melville, NY.

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..