M&A Deal Summary

Neogen Acquires Preserve International

On May 2, 2016, Neogen acquired chemicals company Preserve International from Preserve International

Acquisition Highlights
  • This is Neogen’s 3rd transaction in the Chemicals sector.
  • This is Neogen’s 11th transaction in the United States.
  • This is Neogen’s 2nd transaction in Nevada.

M&A Deal Summary
Date 2016-05-02
Target Preserve International
Sector Chemicals
Buyer(s) Neogen
Sellers(s) Preserve International
Deal Type Divestiture

Target

Preserve International

Nevada, United States
Preserve International is a manufacturer of cleaners and disinfectants for the livestock and food processing industries.

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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 16 of 30
Sector (Chemicals) 3 of 5
Type (Divestiture) 3 of 5
State (Nevada) 2 of 2
Country (United States) 11 of 15
Year (2016) 3 of 5
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Quat-Chem

Greater Manchester, United Kingdom

Quat-Chem Ltd. is a chemical company specializing in the development, manufacture and sale of agricultural, industrial, and food processing biocidal hygiene products, including cleaners and disinfectants.

Buy -

Seller(S) 1

SELLER

Preserve International

Reno, Nevada, United States
Category Company
Sector Chemicals
DESCRIPTION

Preserve International Corp. is a provider of livestock and food processing industries cleaners, disinfectants, and associated products.

DEAL STATS #
Overall 2 of 2
Sector (Chemicals) 2 of 2
Type (Divestiture) 2 of 2
State (Nevada) 2 of 2
Country (United States) 2 of 2
Year (2016) 2 of 2
PREVIOUS 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.

Sell -
Mergr

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