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New Deal


Announced

Completed

Elanco completed the acquisition of Prevtec Microbia for $60m.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Acquisition

Friendly

Medical Supplies

animal vaccines

Private

Single Bidder

Completed

Majority

Synopsis

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Elanco Animal Health, which provides comprehensive products and knowledge services to improve animal health and food-animal production, completed the acquisition of Prevtec Microbia, a Canadian biotechnology company, for $60m. “Elanco’s partnership with Prevtec has been very successful and has resulted in delivery of an important non-antibiotic solution for swine producers. This acquisition is another example of our approach to partner with companies to introduce novel innovation and further demonstrates our commitment to introduce antibiotic alternatives through internal or external innovation pathways,” Ramiro Cabral, Elanco Executive Vice President.

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