M&A Deal Summary

Neogen Acquires Cell Biosciences Pty

On March 2, 2020, Neogen acquired medical products company Cell Biosciences Pty

Acquisition Highlights
  • This is Neogen’s 8th transaction in the Medical Products sector.
  • This is Neogen’s 2nd transaction in Australia.

M&A Deal Summary

Date 2020-03-02
Target Cell Biosciences Pty
Sector Medical Products
Buyer(s) Neogen
Deal Type Add-on Acquisition

Target

Cell Biosciences Pty

Heidelberg, Australia
Cell Biosciences Pty Ltd. is a supplier of food safety and industrial microbiology products.

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Buyer(S) 1

Buyer

Neogen

Lansing, Michigan, United States

Category Company
Founded 1981
Sector Test/Measurement Equipment
Employees2,917
Revenue 924M USD (2024)
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 24 of 30
Sector: Medical Products M&A 8 of 8
Type: Add-on Acquisition M&A Deals 20 of 25
Country: Australia M&A 2 of 2
Year: 2020 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 Abtek Biologicals

Liverpool, United Kingdom

Abtek Biologicals Ltd. is a developer and supplier of culture media supplements and microbiology technologies. Abtek Biologicals was founded in 1981 and is based in Liverpool, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-31 Magiar Chilena SA

Penalolen, Chile

Magiar Chilena SA is a distributor of food, animal, and plant diagnostics, including NEOGEN products. Magiar Chilena is based in Penalolen, Chile.

Buy -