Neftys Pharma

What Neftys Pharma does

Neftys Pharma is a France-headquartered veterinary product distribution platform founded in 1987 and controlled by the Mignot family. The group operates as a multi-channel wholesale distributor serving veterinary professionals, pharmacies, breeder groups, food superstores, garden centers, pet stores, and e-commerce platforms across 15 EMEA countries (8 in Europe including France, Spain, Portugal, Belgium, Poland, Croatia, Serbia, and Slovenia; 7 in Africa). The platform distributes over 20,000 product references including veterinary medicines (antimicrobials, antibiotics, biocides, antiparasitics), pet food, hygiene and care products, medical equipment, and accessories, backed by 71,052 m² of warehouse space and 30 logistics sites.

The group's operational infrastructure centers on specialized capabilities including cold chain management, dangerous goods transport, and FEFO inventory rotation under regulatory oversight with pharmacist or veterinarian presence at each site. Neftys Pharma also operates Serviphar (Serviphar Europe), a depositary and logistics-services business managing €461M in third-party laboratory sales with 99.9% order accuracy; the Covetys joint venture with Coveto provides centralized purchasing power; and proprietary brands (Laboratoire Agecom, Vetopha, Phycus Pharma) supplement the third-party distribution portfolio. The distribution network reaches 21,000+ customers via direct sales forces, wholesale depots (Longimpex, Elvetis), and proprietary e-commerce channels.

Revenue is generated primarily through transaction-based margins on product distribution across all channels, complemented by managed-services revenue from Serviphar (third-party storage, transport, and order fulfillment for pharmaceutical laboratories) and professional-services revenue from outsourced field sales representation for laboratory partners. Pricing is not publicly disclosed and operates on quote-based terms by customer type and volume. The group recorded €555M in 2025 revenue with 730 employees, following a multi-decade pattern of acquisitive geographic expansion that accelerated after 2018 with major capital infusions from GENEO Capital Entrepreneur and UI Investissement in 2022, and For Talents in 2026 as part of a generational leadership transition.

Name

Neftys Pharma

Legal name

Neftys Pharma

Website

https://neftys-pharma.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Neftys Pharma is a France-based, family-owned veterinary product distribution platform operating across 15 EMEA countries. It distributes over 20,000 veterinary medicines, pet food, and animal health product references to 21,000+ veterinary clinics, pharmacies, breeders, retailers, and e-commerce platforms via owned warehouses and direct sales forces.

Ownership category

akta.pro rank

Product category

Veterinary Pharmaceuticals Distribution

NAICS

Veterinary Services (54194), Pet and Pet Supplies Retailers (45991)

SIC

Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047), Biological Products, (No Disgnostic Substances) (2836)

akta.pro primary industry

Veterinary Medical/Surgical Supply Wholesalers (HLAMAIAB)

akta.pro secondary industries

Online Veterinary Pharmacies & E-commerce Retailers (HLAMAIAF), Veterinary Distributor Value-Added Services (3PL, Cold Chain, Returns) (HLAMAIAG), Veterinary Vaccine & Biologics Distributors (HLAMAIAC), Animal Health OTC Retail (Parasite Control, Basic Care) (HLAMAIAJ)

Keywords

• Veterinary product distribution
• Animal health products
• Pet food wholesale
• Veterinary medicines supply
• Cold chain logistics

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Veterinary Product Distribution: Distribution of veterinary medicines, pet food, hygiene and care products, medical equipment, and accessories to veterinary clinics, pharmacies, breeder groups, retail chains, and e-commerce platforms. Revenue from transaction fees and margins on product distribution across all channels.
2. Wholesale Distribution: Minimum 15 days of reference stocks with 24-hour delivery and orders of all volumes. Continuous link between laboratories and beneficiaries.
3. Storage/Depository Services: Serviphar provides tailor-made storage and logistics solutions for pharmaceutical laboratories including purchasing management, quality control, storage, order preparation, packaging, labelling, transport (own fleet of 26T vehicles), and administrative services. In 2022: €461 million in sales managed.
4. Sales Force Services: Over 110 sales representatives providing services including key accounts management, on-site visits, e-visits, and emailing for partner laboratories.
5. Proprietary Brands: Own ranges including Laboratoire Agecom products (hygiene and care for pets), Vetopha (hygiene and care for large-scale retail), and Phycus Pharma (food supplements from Portugal).

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

Neftys Pharma is a wholesale distributor of veterinary products including medicines (antimicrobials, antibiotics, antiparasitics, biocides, narcotics, cold chain and dangerous goods), pet food, hygiene and care products, medical equipment, and accessories. The company serves veterinary clinics, pharmacies, breeder groups, food superstores, garden centers, pet stores, and e-commerce platforms across 15 countries in Europe and Africa, with own-brand products (Laboratoire Agecom, Vetopha, Phycus Pharma) and integrated logistics services through Serviphar (depository) and Elvetis (field sales force).

Product overview

Neftys Pharma operates as a comprehensive veterinary distribution platform offering multi-category product distribution and integrated logistics services. The portfolio comprises: (1) Core pharmaceutical distribution covering medicines (antimicrobials, antibiotics, biocides, narcotics, antiparasitics, cold chain, premixes, dangerous goods), (2) Pet food (dry and wet formulations), (3) Hygiene and care products, (4) Medical equipment, and (5) Pet accessories. The company also develops proprietary brands including Laboratoire Agecom (awarded natural pet care products), Vetopha (large retail sector hygiene), and Phycus Pharma (Portuguese pet supplements). Exclusive distribution agreements include BIOCERA-VET bone substitutes. Logistics operations are led by Serviphar/Serviphar Europe (stockist/depositary services with 18,000m² capacity) and Covetys (central purchasing joint venture with Coveto). The company serves all distribution channels: veterinary clinics, pharmacies, livestock cooperatives, garden centers, pet stores, and e-commerce.

Differentiator

Problem solved

Functional benefit

Brands

• Laboratoire Agecom: Hygiene and care specialists manufacturing products for poultry and reptiles, consumables, treats, and antiparasitics for dogs and cats. Won three awards at Animal Challenge 2022 for innovative and natural products.
• Vetopha
• Phycus Pharma
• Elvetis
• Serviphar Europe
• Neftys Farma Iberia

Products and services

• Veterinary Medicines Distribution Wholesale distribution of comprehensive veterinary pharmaceutical products including antimicrobials, antibiotics, anticoccidials, biocides, narcotics, antiparasitics, premixes, and cold chain products with specialized dangerous goods handling capabilities. Sold to veterinary clinics, pharmacies, breeder groups, retail chains, and e-commerce platforms across EMEA.
• Pet Food (Dry and Wet) Wholesale distribution of a wide range of dry and wet pet food products for companion animals as well as feed products for farm animals, distributed through all customer channels including veterinary clinics, pharmacies, retail chains, garden centers, pet stores, and e-commerce platforms with B2B2C drop shipping.
• Hygiene and Care Products Distribution of a diversified range of hygiene and care products for pets and farm animals including oral/dental care, skin products, cleaning products, first aid, homeopathy, stress/behavior products, allergies, and joint care products. Distributed through pharmacies, retail, and e-commerce channels.
• Medical Equipment Distribution of state-of-the-art medical equipment and devices for veterinary consultations and procedures, supplied through partnerships with major equipment sector players and innovative technology providers.
• Pet Accessories Distribution of a wide variety of pet accessories including litter trays, bowls, collars, aquariums, brushes, and toys across all customer segments including veterinary clinics, retail chains, pet stores, and e-commerce.
• Laboratoire Agecom Neftys Pharma's own-brand subsidiary specializing in manufacturing and distribution of hygiene and care products for poultry, reptiles, consumables, treats, and antiparasitics for dogs and cats. Won three Animal Challenge awards in 2022 for innovative and natural dog and cat hygiene products. Became part of Neftys Pharma in 2008.
• Vetopha Own-brand hygiene and care products for the large-scale retail sector, developed and manufactured in France and distributed across Europe.
• Phycus Pharma High-quality food supplements produced and developed in Portugal, promoting pet wellbeing for digestive problems, joint problems, age-related disorders, and stress. Distributed by Neftys Pharma across European markets.
• BIOCERA-VET Exclusive distribution in France of the BIOCERA-VET range of bone substitutes developed by Belgian company TheraVet for the treatment of osteoarticular diseases in small pets (dogs and cats).
• Serviphar (Stockist/Depositary Services) Tailor-made storage and logistics solutions for pharmaceutical laboratories including purchasing management, quality control, temperature-controlled storage (room temperature, secure area, cold room, liquid nitrogen, ultra-low freezer), FEFO management, quarantine status, order preparation, packaging, labelling, transport with own fleet of 26T vehicles, and administrative services. In 2022, Serviphar managed €461 million in sales with 99.9% error-free orders.
• Elvetis (Veterinary Wholesale Distribution) Wholesale distribution subsidiary of Neftys Pharma providing a dedicated field sales force entirely focused on veterinarians, formed from the merger of Tregorvet and Vet Armor. Provides wholesale veterinary product distribution with 24-hour delivery and orders of all volumes.
• AFVAC 2024 New Product Launches Multiple new veterinary products and services presented at the AFVAC 2024 congress in Lyon in November 2024, including Provilan (eco-responsible care products with probiotics), Maxx (post-operative gilets), My Little Friandise and My Little Festin (natural pet treats), Essentiel hygiene range, Vetnordic animal wellbeing solutions, Gasset laboratory analysis services, Bonqat and Tessie anxiety-reducing products, and Pernixol dietary joint supplements for veterinarians.

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered minor and core.

• Henry ScheinminorOthersKey animal health company; Angel Monje, new Director of Southern Europe, worked at Henry Schein for 25 years.
• Veterinary InstrumentationminorOEM/ Whitelabel/ Licensing PartnerManufacturing company specializing in orthopedic implants and instruments for veterinarians. Led by Angel Monje before joining Neftys.
• TheraVetminorStrategic or Co-development PartnerBelgian company specializing in osteoarticular diseases in small pets. Exclusive distribution partnership for BIOCERA-VET bone substitute range in French veterinary network.
• ElvetiscoreChannel Partner/ Reseller/ DistributorWholesale distributor subsidiary formed from Tregorvet and Vet Armor merger. Field sales force dedicated to veterinarians. Part of Neftys Pharma group.
• ProvilanminorChannel Partner/ Reseller/ DistributorEco-responsible range of external care products incorporating probiotics. Presented at AFVAC Congress 2024.
• MaxxminorChannel Partner/ Reseller/ DistributorPost-operative gilets specifically designed for animal comfort. Presented at AFVAC Congress 2024.
• Laboratoire AgecomcoreChannel Partner/ Reseller/ DistributorOwn subsidiary producing and distributing hygiene and care products for pets, poultry, and reptiles. Received three Animal Challenge awards in 2022.
• CovetocoreStrategic or Co-development PartnerCreated Covetys joint venture in November 2020 for central purchasing body. Negotiates all purchases with suppliers on behalf of both Neftys Pharma and Coveto groups.
• ZoetisminorChannel Partner/ Reseller/ DistributorAnimal health company partner in Longimpex Rencontres Techniques Bovines and Ovines events.
• MSD Santé Animale FranceminorChannel Partner/ Reseller/ DistributorAnimal health company partner in Longimpex technical seminars.
• Ceva Santé AnimaleminorChannel Partner/ Reseller/ DistributorAnimal health company partner in Longimpex technical seminars.
• DechraminorChannel Partner/ Reseller/ DistributorAnimal health company partner in Longimpex technical seminars.
• ElancominorChannel Partner/ Reseller/ DistributorAnimal health company partner in Longimpex Rencontres Techniques Bovines.
• Boehringer IngelheimminorChannel Partner/ Reseller/ DistributorAnimal health company partner in Longimpex Rencontres Techniques Bovines.
• Groupe CristalminorOthersStrategic partner supporting the capital structure and succession planning.

Scale indicators16 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Ceva Santé Animale: Global French-headquartered animal health pharmaceutical company developing vaccines, pharmaceuticals, and equipment for veterinarians. Existing Longimpex partner; comparable as a French animal health manufacturer selling through distribution.
• Virbac: French global animal health pharmaceutical company manufacturing and distributing veterinary medicines, vaccines, and pet food. Comparable European-headquartered animal health distribution company with overlapping veterinary customer base.
• Vetoquinol: Independent French animal health pharmaceutical company that develops, manufactures, and distributes veterinary medicines across Europe. Comparable as a French-headquartered animal health company serving overlapping veterinary channels.
• Dechra Veterinary Products (Elanco): Specialty animal health company focused on veterinary pharmaceuticals, now owned by Elanco. Existing partner of Neftys through Longimpex technical seminars; comparable as a European animal health product supplier and distribution counterpart.
• PharmaVet (Morocco): Moroccan veterinary product distributor in which Neftys took a minority stake in 2020. Directly comparable as an African veterinary distributor operating in Neftys' emerging market geography.

Broad incumbents

• Henry Schein Animal Health: Global distributor of healthcare and animal health products to veterinary and dental practitioners. Direct competitor in veterinary distribution; Neftys' Southern Europe head Angel Monje spent 25 years at Henry Schein before joining Neftys.
• Covetrus: Global animal health distribution and technology company serving veterinary practices with pharmaceuticals, equipment, and software. Most direct large-scale competitor to Neftys Pharma in veterinary distribution; multiple Neftys senior hires came from Covetrus.
• MWI Animal Health: Specialized veterinary distribution business (now part of Covetrus) distributing animal health products to veterinarians across the US and UK. Operates a similar pharmaceutical and supply distribution model to Neftys.

Regional players

• IVC Evidensia: Leading European veterinary care provider operating a network of veterinary clinics and hospitals. Direct customer/buyer of Neftys Pharma's distribution services and a major force in European veterinary consolidation.

Emerging players

• Animalcare Group: European animal health product business developing and distributing pharmaceuticals and identification products for companion animals and livestock. Comparable as a smaller European-focused animal health distribution and product company.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/neftys-pharma-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries23 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neftys Pharma