Rapid Expansion Vetio Animal Health has recently expanded its manufacturing capabilities with a new 35,000 sq. ft. facility in Jupiter, Florida, and increased headcount by 40 employees. This growth indicates a strong demand for their services and potential opportunities to supply raw materials, equipment, or complementary manufacturing solutions.
Strategic Acquisition Since its acquisition by Swedencare AB in July 2021, Vetio has benefited from increased stability and growth prospects, making it a promising partner for collaborations in product development, manufacturing, and supply chain enhancements within the animal health industry.
Market Positioning Operating as a CDMO with a focus on quality, safety, and compliance, Vetio is well-positioned to serve mid-sized to large animal health companies seeking reliable development and manufacturing partners to facilitate successful product approvals and commercialization.
Revenue & Growth Potential With a revenue range of $50 million to $100 million and ongoing facility expansions, Vetio presents opportunities for suppliers and service providers to engage in areas like analytical services, technical support, and supply chain logistics to support their growth trajectory.
Technology Integration Utilizing advanced technology stacks such as SAP, SOLIDWORKS, and Microsoft Teams, Vetio emphasizes innovative solutions in manufacturing and product development, opening avenues for tech vendors focused on manufacturing automation, enterprise software, and quality assurance tools.