M&A Deal Summary

Neogen Acquires Deoxi Biotecnologia

On April 27, 2016, Neogen acquired life science company Deoxi Biotecnologia

Acquisition Highlights
  • This is Neogen’s 5th transaction in the Life Science sector.
  • This is Neogen’s 1st transaction in Brazil.

M&A Deal Summary

Date 2016-04-27
Target Deoxi Biotecnologia
Sector Life Science
Buyer(s) Neogen
Deal Type Add-on Acquisition

Target

Deoxi Biotecnologia

Bairro Saudade, Brazil
Deoxi Biotecnologia Ltda. is a private company created to develop research in molecular biology with commercial objectives applied to the development of products.

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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 14 of 30
Sector (Life Science) 5 of 8
Type (Add-on Acquisition) 13 of 25
Country (Brazil) 1 of 2
Year (2016) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-27 Lab M

Bury, United Kingdom

Lab M Ltd. is a provider of microbial risk management products and quality assurance services. These services involve the development, manufacture and supply of microbiological media and diagnostic systems and services for the international food, water, industrial and clinical testing markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Tetradyne

Reno, Nevada, United States

Tetradyne LLC is a manufacturer of full line of teat dips, barrier dips, and udderwashes.

Buy -