M&A Deal Summary

Zoetis Acquires Scandinavian Micro Biodevices ApS

On August 8, 2016, Zoetis acquired medical products company Scandinavian Micro Biodevices ApS for 80M USD

Acquisition Highlights
  • This is Zoetis’ 2nd transaction in the Medical Products sector.
  • This is Zoetis’ 5th largest (disclosed) transaction.
  • This is Zoetis’ 1st transaction in Denmark.

M&A Deal Summary

Date 2016-08-08
Target Scandinavian Micro Biodevices ApS
Sector Medical Products
Buyer(s) Zoetis
Deal Type Add-on Acquisition
Deal Value 80M USD

Target

Scandinavian Micro Biodevices ApS

Farum, Denmark
Scandinavian Micro Biodevices ApS is a developer and manufacturer of microfluidic “lab on a chip” diagnostic analyzers and tests for veterinary point-of- care services

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Buyer(S) 1

Buyer

Zoetis

Parsippany, New Jersey, United States

Category Company
Founded 1952
Sector Life Science
Employees13,800
Revenue 9.3B USD (2024)
DESCRIPTION

Zoetis engages in the discovery, development, manufacture and commercialization of a diverse portfolio of animal health medicines and vaccines designed to meet the real-world needs of veterinarians and the livestock farmers and companion animal owners they support. Zoetis was founded in 1952 and is based in Parsippany, New Jersey.


DEAL STATS #
Overall 5 of 13
Sector: Medical Products M&A 2 of 3
Type: Add-on Acquisition M&A Deals 5 of 12
Country: Denmark M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-10 PHARMAQ Holding AS

Overhalla, Norway

PHARMAQ Holding AS is a pharmaceutical company focused on aquaculture. It develops, manufactures and markets vaccines and therapeutic products for the prevention and treatment of diseases in farmed fish.

Buy $765M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-13 Nexvet Biopharma

Tullamore, Ireland

Nexvet Biopharma PLC is a veterinary biologic therapeutics company focused on transforming the therapeutic market for companion animals, such as dogs and cats, by developing and commercializing novel, species-specific biologics. Nexvet Biopharma is based in Tullamore, Ireland.

Buy $85M