M&A Deal Summary

Merck Acquires Virbac SA - SENTINEL U.S. Rights

On May 13, 2020, Merck acquired life science company Virbac SA - SENTINEL U.S. Rights from Virbac for 400M USD

Acquisition Highlights
  • This is Merck’s 20th transaction in the Life Science sector.
  • This is Merck’s 21st largest (disclosed) transaction.
  • This is Merck’s 18th transaction in the United States.
  • This is Merck’s 3rd transaction in New Jersey.

M&A Deal Summary

Date 2020-05-13
Target Virbac SA - SENTINEL U.S. Rights
Sector Life Science
Buyer(s) Merck
Sellers(s) Virbac
Deal Type Divestiture
Deal Value 400M USD

Target

Virbac SA - SENTINEL U.S. Rights

New Jersey, United States
Virbac SA - SENTINEL U.S. Rights comprises two canine products Sentinel Flavor Tabs and Sentinel Spectrum which provides protection against 5 different kinds of parasites.

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Buyer(S) 1

Buyer

Merck

Rahway, New Jersey, United States

website


Category Company
Founded 1891
Sector Life Science
Employees67,000
Revenue 59.3B USD (2022)
DESCRIPTION
Merck office in Palo Alto, California.
Merck office in Palo Alto, California.

Merck is a global health care company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. The Company’s operations are comprised of four operating segments. These include Pharmaceutical, Animal Health, Consumer Care and Alliances. Merck's Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. Vaccine products consist of preventive pediatric, adolescent and adult vaccines, primarily administered at physician offices. The Company also has animal health operations that discover, develop, manufacture and market animal health products, including vaccines, which the Company sells to veterinarians, distributors and animal producers. Additionally, the Company has consumer care operations that develop, manufacture and market over-the-counter, foot care and sun care products. Merck was established in 1891 and is based in Rahway, New Jersey.


DEAL STATS #
Overall 23 of 32
Sector (Life Science) 20 of 29
Type (Divestiture) 1 of 1
State (New Jersey) 3 of 3
Country (United States) 18 of 26
Year (2020) 1 of 4
Size (of disclosed) 21 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-12 StayWell

Yardley, Pennsylvania, United States

Staywell is a health empowerment company that enables populations to improve health outcomes through the science of behavior change. Staywell was founded in 1978 and is headquartered in St. Paul, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-26 Themis Bioscience

Vienna, Austria

Themis Bioscience GmbH is a developer of immunomodulation therapies for infectious diseases and cancer. Through advanced understanding of immune system mechanisms, the company has built a sophisticated and versatile technology platform for the discovery, development and production of vaccines as well as other immune system activation approaches. Themis Bioscience is based in Vienna, Austria.

Buy -

Seller(S) 1

SELLER

Virbac

Carros, France

website


Category Company
Founded 1968
Sector Healthcare Services
Employees4,907
Revenue 1.2B EUR (2022)
DESCRIPTION

Virbac is an veterinarian independent pharmaceutical company. Virbac was founded in 1968 and is based in Carros, France.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-27 Eli Lilly - Sentinel and Spectrum Brands

Indianapolis, Indiana, United States

Virbac would acquire a combination of titles and rights for the United States on trademarks, marketing authorizations, patents, know-how, customer lists and other assets, related to two major parasiticides for dogs: Sentinel® Flavor Tabs and Sentinel® Spectrum, currently marketed in the United States by Novartis Animal Health.

Buy $410M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-02 Globion

Hyderabad, India

Globion is a poultry vaccine specialist who has developed robust know-how and expertise in the development, manufacturing, and commercialization of live and inactivated vaccines targeting a large array of avian pathogens. Globion is based in Hyderabad, India.

Buy -