M&A Deal Summary

Neogen Acquires Kane Enterprises

On August 27, 2007, Neogen acquired consumer products company Kane Enterprises for 6M USD

Acquisition Highlights
  • This is Neogen’s 1st transaction in the Consumer Products sector.
  • This is Neogen’s 2nd largest (disclosed) transaction.
  • This is Neogen’s 2nd transaction in the United States.
  • This is Neogen’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2007-08-27
Target Kane Enterprises
Sector Consumer Products
Buyer(s) Neogen
Deal Type Add-on Acquisition
Deal Value 6M USD

Target

Kane Enterprises

Lexington, Kentucky, United States
Kane Enterprises, Inc. is a manufacturer and importer of specialty animal health products for veterinary and animal health markets.

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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 3 of 30
Sector (Consumer Products) 1 of 3
Type (Add-on Acquisition) 2 of 25
State (Kentucky) 1 of 1
Country (United States) 2 of 15
Year (2007) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-21 Centrus International

Ann Arbor, Michigan, United States

Centrus International, Inc. is a producer of Soleris™, a user-friendly, rapid optical testing system that accurately detects microbial contamination.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-04 Rivard Instruments

Winnipeg, Manitoba, Canada

Rivard Instruments, Inc. is a manufacturers of detectable veterinary hypodermic needles.

Buy -
Mergr

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