M&A Deal Summary

Neogen Acquires Magiar Chilena SA

On March 31, 2020, Neogen acquired distribution company Magiar Chilena SA

Acquisition Highlights
  • This is Neogen’s 1st transaction in the Distribution sector.
  • This is Neogen’s 1st transaction in Chile.

M&A Deal Summary

Date 2020-03-31
Target Magiar Chilena SA
Sector Distribution
Buyer(s) Neogen
Deal Type Add-on Acquisition

Target

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.

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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 25 of 30
Sector: Distribution M&A 1 of 2
Type: Add-on Acquisition M&A Deals 21 of 25
Country: Chile M&A 1 of 1
Year: 2020 M&A 4 of 5
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FOLLOWING DEAL
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Elanco Animal Health's StandGuard Pour-on is a premium product in the domestic beef cattle insecticide market that controls horn flies and lice on beef cattle and calves.

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