Add-on Acquisition • Life Science

Dechra Pharmaceuticals Acquires Apex Laboratories Pty

On September 16, 2016, Dechra Pharmaceuticals acquired life science company Apex Laboratories Pty for 55M AUD

Acquisition Context
  • This is Dechra Pharmaceuticals’ 11th transaction in the Life Science sector.
  • This is Dechra Pharmaceuticals’ 6th largest (disclosed) transaction.
  • This is Dechra Pharmaceuticals’ 1st transaction in Australia.

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M&A Deal Summary

Date September 16, 2016
Target Apex Laboratories Pty
Sector Life Science
Buyer(s) Dechra Pharmaceuticals
Deal Type Add-on Acquisition
Deal Value 55M AUD

Target Company

Apex Laboratories Pty

Somersby, Australia
Apex Laboratories Pty Ltd. is a pharmaceutical company which manufactures, markets and sells branded non-proprietary prescription and other related companion animal products in Australia and New Zealand.
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Buyer Overview 1

Buyer

Dechra Pharmaceuticals

Northwich, United Kingdom

Category Company
Founded 1997
Sector Life Science
Revenue 682M GBP (2022)
DESCRIPTION

Dechra Pharmaceuticals is an international specialist in veterinary pharmaceuticals and related products business. Its expertise is in development, manufacturing, sales, and marketing of quality products exclusively for veterinarians worldwide. Dechra Pharmaceuticals was founded in 1997 and is based in Northwich, United Kingdom.


Deal Context for Buyer #
Overall 12 of 16
Sector: Life Science 11 of 14
Type: Add-on Acquisition 10 of 14
Country: Australia 1 of 1
Year: 2016 3 of 3
Size (of disclosed) 6 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Putney

Portland, Maine, United States

Putney, Inc. is a pharmaceutical company, providing high quality, cost-effective generic medicines for pets. Putney's reliable supply of affordable drug options empowers veterinarians, allowing them to provide the best possible medicine at the best possible price, and supports pet owners, helping them afford to comply with veterinary recommendations.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-25 AST Farma B.V.

Oudewater, Netherlands

AST Farma B.V. is one of the major companion animal pharmaceutical companies in the Netherlands, focused on generic and generic plus products. The business and its reputation have grown strongly through launching generic plus, generic and niche novel products, and by offering added value services to veterinarians.

Buy -