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

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.