LONDON, 5th August 2008 – Institutional stockbroker and investment bank, Panmure Gordon & Co, is pleased to announce it has advised on the successful sale of Centaur Services Limited to AHN (UK) Holdings Limited for approximately £32 million.

Centaur Services Limited is one of the UK’s leading veterinary wholesaling services companies. It has been acquired by AHN (UK) Holdings Limited, a wholly owned subsidiary of AHN International LLC, an animal health products distribution company based in Raleigh, North Carolina USA, as part of its objective to become a leading global supplier to veterinarians and food animal producers.

Commenting on the sale, Richard Gray, head of investment banking at Panmure Gordon, said: “The planned IPO of Centaur transitioned to a dual track process, out of which significant buying interest emerged. We are very pleased to have been able to execute a highly successful trade sale of the company in challenging market conditions.”

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About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co (PMR.L) is a leading independent mid-cap investment bank based in London. Encompassing its US franchise, ThinkPanmure LLC, the Group employs approximately 280 professionals across the US, the UK and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com