ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Companies (Nasdaq: PDCO) today announced that it has been named to the Fortune 500 list of America’s largest companies for the second year in a row. In its 64th year, the Fortune 500 ranks U.S. companies by total revenues for their respective fiscal years. Fortune announced the selection of Patterson Companies and other corporations in the compiled Fortune 500 list.
The company is a top provider of everyday essentials, specialty supplies, industry-leading technology, equipment and comprehensive support for businesses in the dental and animal health industries, with operations in the U.S., U.K. and Canada.
“In the past year, we have strengthened our extensive product portfolio by introducing new technologies and solutions for the industries we serve, while continuing to provide the best technology support and expertise for our customers,” said Mark Walchirk, President and CEO of Patterson Companies. “Our talented team is continually innovating and finding ways to better support our customers, enabling us to grow as a company and celebrate this significant milestone for the second time in our history.”
The company traces its start back to 1877 when John Patterson and his brother Myron Fayette (M.F.) Patterson purchased a Milwaukee drugstore. The young, enterprising brothers soon added dental and surgical supplies to their stock and moved the company’s headquarters to St. Paul in 1891.
Patterson has grown through the acquisition of like-minded distributors as well as technology companies, positioning the company as a software and technology support leader in the industries it serves. Net sales for calendar year 2017, which are reflected in the Fortune list, were $5.6 billion.
“This accomplishment is only possible with the collaboration and commitment from our more than 7,000 team members across the company,” added Walchirk.
About Patterson Companies Inc.
Patterson Companies Inc. (Nasdaq: PDCO) is a value-added distributor serving the dental and animal health markets.
Patterson’s Dental segment provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions and value-added services to dentists and dental laboratories throughout North America.
Animal Health Market
Patterson’s Animal Health segment is a leading distributor of products, services and technologies to both the production and companion animal health markets in North America and the U.K.