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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                  FORM 10-K/A

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   /X/     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
           SECURITIES EXCHANGE ACT OF 1934.
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                    FOR THE FISCAL YEAR ENDED JULY 31, 2000;
                                       OR

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   / /     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
           SECURITIES EXCHANGE ACT OF 1934.
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       FOR THE TRANSITION PERIOD FROM ______________ TO ______________ .

                       COMMISSION FILE NUMBER: 000-26326

                     PROFESSIONAL VETERINARY PRODUCTS, LTD.

             (Exact name of Registrant as specified in its charter)

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          NEBRASKA
(State or other jurisdiction
             of                            5047                        37-1119387
      Incorporation or         (Primary Standard Industrial           (IRS Employer
        organization)           Classification Code Number)        Identification No.)
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                            10077 SOUTH 134TH STREET
                             OMAHA, NEBRASKA 68138
                                 (402) 331-4440
   (Address and telephone number of Registrant's principal executive offices)
          Securities Registered Pursuant to Section 12(b) of the Act:
                                      None
          Securities Registered Pursuant to Section 12(g) of the Act:
                    Common Stock, par value $1.00 per share
                                (Title of Class)

    Indicate by check mark whether the Registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the proceeding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes /X/  No / /

    Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulations S-K (Section 229.405 of this chapter) is not contained
herein, and will not be contained, to the best of Registrant's knowledge, in
definitive proxy or information statements incorporated by reference in
Part III of this Form 10-K or any amendment to this Form 10-K. / /

    As of September 30, 2000, the aggregate market value of the voting and
non-voting Common Stock held by non-affiliates of the Registrant was $4,134,000.
Shares of Common Stock held by each executive officer and director of the
Registrant have been excluded in that such persons may be deemed to be
affiliates of the Registrant. This determination of affiliate status is not
necessarily a conclusive determination for other purposes. As of September 30,
2000, 1,386 shares of the Registrant's Common Stock were outstanding.

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    The Undersigned Registrant hereby amends the following item of its Annual
Report on Form 10-K for the year ended July 31, 2000, as set forth below.

Part IV.

    Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K

        (a)(3) Exhibits

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            10.11  Purchase and Sale Agreement between Professional Veterinary
                   Products, Ltd., AAHA Services Corporation and American
                   Animal Hospital Association.
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                                   SIGNATURES

    Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

    Date: February 15, 2001.

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                                                  PROFESSIONAL VETERINARY PRODUCTS, LTD.

                                                  By:               /s/ LIONEL L. REILLY
                                                       ----------------------------------------------
                                                                      Lionel L. Reilly
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    Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed by the following persons on behalf of the Registrant and
in the capacities and on the dates indicated.

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<CAPTION>
                          SIGNATURE                                             CAPACITY
                          ---------                                             --------
       <C>                                                    <S>
                     /s/ LIONEL L. REILLY
            --------------------------------------            President
                       Lionel L. Reilly

                    /s/ NEAL B. SODERQUIST
            --------------------------------------            Chief Financial Officer
                      Neal B. Soderquist

                              *
            --------------------------------------            Director
                       Mark A. Basinger

                              *
            --------------------------------------            Director
                     Raymond C. Ebert II

                              *
            --------------------------------------            Director
                       Fred G. Garrison

                              *
            --------------------------------------            Director
                       Kenneth R. Liska

                              *
            --------------------------------------            Director
                     Wayne E. Rychnovsky

                              *
            --------------------------------------            Director
                      Timothy P. Trayer

                              *
            --------------------------------------            Director
                        Russ R. Weston

                              *
            --------------------------------------            Director
                     Michael L. Whitehair
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*By:                  /s/ LIONEL L. REILLY
             --------------------------------------
                        Lionel L. Reilly
                      AS: ATTORNEY-IN-FACT
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