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Announced

Multiples Alternate Asset Management and Zenex Animal Health to acquire the Zydus Animal Health unit of Cadila Healthcare for $397m.

Financials

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Transaction Value£281m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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animal health

Domestic

Friendly

Majority

Single Bidder

Private Equity

Acquisition

Pending

India

Health Care Services

Private

Synopsis

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Multiples Alternate Asset Management, an investment advisory firm, and Zenex Animal Health agreed to acquire the Zydus Animal Health unit of Cadila Healthcare, an Indian multinational pharmaceutical company headquartered in Ahmedabad, for $397m. “Zydus AH is the second-largest and one of the fastest-growing animal health businesses in India. The business enjoys a leadership position across a wide spectrum of therapeutic and nutritional products for livestock and poultry animal segments. It employs approximately 700 people and has a manufacturing facility in Haridwar," Cadila.

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