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New Deal


Announced

Merck Animal Health to acquire Vence.

Financials

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

Tags

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Pending

virtual fencing

Friendly

Domestic

Electronic Equipment: Other

Single Bidder

United States

Acquisition

Private

Majority

Synopsis

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Merck Animal Health, a division of Merck & Co, agreed to acquire Vence, a virtual fencing company for rotational grazing and livestock management. Financial terms were not disclosed. “The acquisition of Vence will broaden our portfolio with complementary products and technologies to advance animal health and well-being as well as outcomes for our customers. Vence is a natural fit with Merck Animal Health’s growing portfolio of animal intelligence products that include identification, traceability and monitoring products. This new technology will give cow-calf producers the ability to track their cattle and the ability to move them from pasture to pasture,” Rick DeLuca, Merck Animal Health President.

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