M&A Deal Summary

Neogen Acquires Chem-Tech

On January 2, 2014, Neogen acquired chemicals company Chem-Tech

Acquisition Highlights
  • This is Neogen’s 1st transaction in the Chemicals sector.
  • This is Neogen’s 8th transaction in the United States.
  • This is Neogen’s 1st transaction in Iowa.

M&A Deal Summary

Date 2014-01-02
Target Chem-Tech
Sector Chemicals
Buyer(s) Neogen
Deal Type Add-on Acquisition

Target

Chem-Tech

Des Moines, Iowa, United States
Chem-Tech Ltd. is a manufacturer of insecticides for the animal and food industries. Chem-Tech's highly effective insecticides utilize environmentally friendly technical formulas, and several are approved for use in food establishments.

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Buyer(S) 1

Buyer

Neogen

Lansing, Michigan, United States

Category Company
Founded 1981
Sector Test/Measurement Equipment
Employees2,640
Revenue 822M USD (2023)
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 10 of 30
Sector (Chemicals) 1 of 5
Type (Add-on Acquisition) 9 of 25
State (Iowa) 1 of 1
Country (United States) 8 of 15
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 Prima Tech

Kenansville, North Carolina, United States

Prima Tech, Inc. is a veterinary instrument company. Prima Tech product line is designed around unique and highly accurate devices used by farmers, ranchers, and veterinarians to inject animals, provide topical applications and to use for oral administration.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 BioLumix

Ann Arbor, Michigan, United States

BioLumix, Inc. is a manufacturer and marketer of automated systems for the detection of microbial contaminants.

Buy -