M&A Deal Summary

Mars Acquires Cerba Vet

On May 3, 2024, Mars acquired consumer services company Cerba Vet from Cerba HealthCare

Acquisition Highlights
  • This is Mars’ 4th transaction in the Consumer Services sector.
  • This is Mars’ 1st transaction in France.

M&A Deal Summary

Date 2024-05-03
Target Cerba Vet
Sector Consumer Services
Buyer(s) Mars
Sellers(s) Cerba HealthCare
Deal Type Divestiture

Target

Cerba Vet

Massy, France
Cerba Vet is a veterinary biology laboratory that provides veterinarians throughout France and worldwide with a comprehensive range of medical examinations and pervasive expertise in biology and anatomo-cytopathology. Cerba Vet is based in Massy, France.

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Buyer(S) 1

Buyer

Mars

McLean, Virginia, United States

Category Company
Founded 1911
Sector Food
Revenue 33.0B USD (2015)
DESCRIPTION

Mars is a global manufacturer of confectionery, pet food, and other food products and a provider of animal care services. Mars was established in 1911 and is headquartered in McLean, Virginia.


DEAL STATS #
Overall 20 of 22
Sector: Consumer Services M&A 4 of 5
Type: Divestiture M&A Deals 3 of 4
Country: France M&A 1 of 2
Year: 2024 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-14 SYNLAB.vet

Augsburg, Germany

SYNLAB.vet is a provider of specialist veterinary laboratory diagnostics. The company supports the work of veterinarians, zoos, breeding farms, universities, research institutes, and veterinary clinics with our scientific expertise, a comprehensive portfolio of diagnostic services, and the passion of its specialists. SYNLAB.vet is based in Augsburg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-03 Antagene

La Tour de Salvagny, France

Antagene is a biotechnology company that develops and markets genetic tests for animal welfare, certification of origins, and disease prevention in pets. The company develops and markets innovative tools to improve the traceability and health of pets, as part of a rigorous quality approach. Antagene is based in La Tour de Salvagny, France.

Buy -

Seller(S) 1

SELLER

Cerba HealthCare

Issy-les-Moulineaux, France

Category Company
Founded 1967
Sector Healthcare Services
Employees4,300
Revenue 630M EUR (2016)
DESCRIPTION

Cerba HealthCare is an operator of clinical pathology laboratories, with a number one position in France and strong market positions in Belgium and Luxembourg. The majority of Cerba's revenues are generated via routine lab tests. Cerba HealthCare was founded in 1967 and is based in Issy-les-Moulineaux, France.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: France M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-03 Antagene

La Tour de Salvagny, France

Antagene is a biotechnology company that develops and markets genetic tests for animal welfare, certification of origins, and disease prevention in pets. The company develops and markets innovative tools to improve the traceability and health of pets, as part of a rigorous quality approach. Antagene is based in La Tour de Salvagny, France.

Sell -