IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.

Date Founded



6 Ashley Dr, Scarborough, ME, 04074, US

Type of Company


Employees (Worldwide)



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.

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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

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IDEXX Laboratories, Inc.
Owners & Shareholders
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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.

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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.

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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
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IDEXX Laboratories, Inc. purchases Animana BV

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IDEXX Laboratories, Inc. purchases Madasa Do Brasil Ltda.

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

Insider Transactions
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Transaction Advisors

Advised onIDEXX Laboratories, Inc. purchases Genera Technologies Ltd.

Investment Advisor

Advised onIDEXX Laboratories, Inc. purchases Advanced Veterinary Systems


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


Former Executive Vice President at IDEXX Laboratories, Inc.


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
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Total Enterprise Value
Earnings Per Share
Net Profit
Total Debt
Total Equity
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Enterprise Value EBITDAOperating
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Non-Profit Donations & Grants
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Co-Founder at Flagship Pioneering

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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

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