Add-on Acquisition • Life Science

Neogen Acquires The University of Queensland Animal Genetics Laboratory

On September 1, 2017, Neogen acquired life science company The University of Queensland Animal Genetics Laboratory

Acquisition Context
  • This is Neogen’s 6th transaction in the Life Science sector.
  • This is Neogen’s 1st transaction in Australia.

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M&A Deal Summary

Date September 1, 2017
Target The University of Queensland Animal Genetics Laboratory
Sector Life Science
Buyer(s) Neogen
Deal Type Add-on Acquisition

Target Company

The University of Queensland Animal Genetics Laboratory

Brisbane, Australia
The University of Queensland Animal Genetics Laboratory (AGL) is a provider of genetic testing to all 27 of Australia’s major beef cattle associations, and its services have also extended to dairy cattle, sheep, goats, alpacas and other species.
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Buyer Overview 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 Context for Buyer #
Overall 19 of 30
Sector: Life Science 6 of 8
Type: Add-on Acquisition 16 of 25
Country: Australia 1 of 2
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-27 Rogama Indústria e Comércio

Pindamonhangaba, Brazil

Rogama Indústria e Comércio Ltda. is a private company that develops and manufactures rodenticides and insecticides.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 Clarus Labs

Glendale, California, United States

Clarus Labs, Inc. is a provider of Colitag™ water test, which detects dangerous coliform bacteria (i.e., bacteria normally found in the intestine), including E. coli, in water. Colitag also detects coliforms that have been weakened, but not killed, by inadequate water treatment efforts — including microorganisms capable of causing human illness.

Buy -