M&A Deal Summary

Vetoquinol Acquires Bayer AG - Profender and Drontal Products

On September 1, 2020, Vetoquinol acquired food company Bayer AG - Profender and Drontal Products from Bayer

Acquisition Highlights
  • This is Vetoquinol’s 1st transaction in the Food sector.
  • This is Vetoquinol’s 1st transaction in Germany.

M&A Deal Summary

Date 2020-09-01
Target Bayer AG - Profender and Drontal Products
Sector Food
Buyer(s) Vetoquinol
Sellers(s) Bayer
Deal Type Divestiture

Target

Bayer AG - Profender and Drontal Products

Leverkusen, Germany
Bayer AG's Profender and Drontal Products are spot-on and tablet de-wormer products for cats and dogs.

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Buyer(S) 1

Buyer

Vetoquinol

Lure, France

Category Company
Founded 1933
Sector Life Science
Employees2,437
Revenue 539M EUR (2024)
DESCRIPTION

Vetoquinol is a veterinary pharmaceutical company. Vetoquinol was founded in 1933 and is based in Lure, France.


DEAL STATS #
Overall 7 of 7
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-03 Clarion Biociencias

Goiania, Brazil

Clarion Biociencias Ltda. is a veterinary laboratory based in the state of Goiás. Clarion Biociencias Ltda. employs around 180 people and has a state-of-the-art production facility.

Buy -

Seller(S) 1

SELLER

Bayer

Leverkusen, Germany

Category Company
Founded 1863
Sector Life Science
Employees89,556
Revenue 46.6B EUR (2024)
DESCRIPTION
Bayer office building in North Sydney, Australia.
Bayer office building in North Sydney, Australia.

Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech polymer materials. As an innovation company, it sets trends in research-intensive areas. Bayer’s products and services are designed to benefit people and improve the quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer was founded in 1863 and is based in Leverkusen, Germany.


DEAL STATS #
Overall 15 of 23
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 11 of 19
Country: Germany M&A 10 of 12
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-11 KaNDy Therapeutics

Stevenage, United Kingdom

KaNDy Therapeutics is a private clinical-stage biotech based at the state-of-the-art Stevenage Bioscience Catalyst, a leading location for companies to develop and commercialize cutting edge therapeutics. KaNDy Therapeutics was formed in 2017 and is based in Stevenage, United Kingdom.

Buy $425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-26 AskBio

Research Triangle Park, North Carolina, United States

Asklepios BioPharmaceutical, Inc. is a clinical-stage gene therapy platform company dedicated to improving the lives of children and adults with rare genetic disorders. AskBio’s gene therapy platform includes an industry-leading proprietary cell line manufacturing process known as Pro10TM and an extensive AAV capsid library. AskBio maintains a portfolio of clinical programs across a range of indications including Pompe, Limb-Girdle Muscular Dystrophy, Cystic Fibrosis, Myotonic Muscular Dystrophy, Hemophilia (Chatham Therapeutic/Takeda) and Duchenne Muscular Dystrophy (Bamboo Therapeutics/Pfizer). AskBio was established in 2001 and is based in Research Triangle Park, North Carolina.

Buy $2.0B