M&A Deal Summary

Neogen Acquires GeneSeek

On April 1, 2010, Neogen acquired life science company GeneSeek for 14M USD

Acquisition Highlights
  • This is Neogen’s 2nd transaction in the Life Science sector.
  • This is Neogen’s largest (disclosed) transaction.
  • This is Neogen’s 4th transaction in the United States.
  • This is Neogen’s 1st transaction in Nebraska.

M&A Deal Summary

Date 2010-04-01
Target GeneSeek
Sector Life Science
Buyer(s) Neogen
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

GeneSeek

Lincoln, Nebraska, United States
GeneSeek, Inc. is a commercial agricultural genetics laboratory.

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Buyer(S) 1

Buyer

Neogen

Lansing, Michigan, United States

website


Category Company
Founded 1981
Sector Test/Measurement Equipment
Employees2,108
Revenue 527M USD (2022)
DESCRIPTION
Neogen's corporate headquarters in Lansing, Michigan.
Neogen's corporate headquarters in Lansing, Michigan.

Neogen develops and markets products dedicated to food and animal safety. The Company's food safety division markets dehydrated culture media, and diagnostic test kits to detect foodborne bacteria, natural toxins, food allergens, drug residues, plant diseases and sanitation concerns. Neogen was founded in 1981 and is based in Lansing, Michigan.


DEAL STATS #
Overall 6 of 30
Sector (Life Science) 2 of 8
Type (Add-on Acquisition) 5 of 25
State (Nebraska) 1 of 1
Country (United States) 4 of 15
Year (2010) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-04 International Diagnostic Systems

St. Joseph, Michigan, United States

International Diagnostic Systems Corp. is a developer, manufacturer and marketer of test kits to detect drug residues in food and animal feed, and drugs in forensic and animal samples. IDS provides rapid immunoassay products for use in agriculture and veterinary markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-02 Scidera Genomics

Davis, California, United States

Scidera Genomics LLC is a pioneer in the development of cattle, poultry, swine, and canine genetic testing. Scidera’s predecessor company conducted parentage testing and trait analysis for the cattle and canine industries.

Buy -