Lansing-based Neogen Corp., a developer of food and animal safety products, has acquired the rodenticide assets of Virbac Corp., the North American affiliate of the French-based animal health company, Virbac Group. Terms of the agreement were not disclosed.
“Virbac's rodenticide products … provide Neogen access to an expanded and important agricultural customer base," says James Herbert, CEO and chairman of Neogen. He says the acquired assets include a key rodenticide — a poison used to kill rodents — that complements Neogen’s existing active ingredients.
Additionally, Herbert says the acquisition includes more than 40 regulatory approvals in the United States, Canada, and Mexico. The acquired assets also include a large retail and OEM customer base.
Herbert says since Neogen’s acquisition of Hacco Inc., a company specializing in label formulation and packaging of rodenticides and other formulations, in 2003, Neogen's biosecurity products have included rodenticides to control a variety of rodents of concern to the agricultural and food production markets.
In June, Neogen acquired Sterling Test House, a commercial food-testing laboratory in southwest India.
Neogen, founded in 1982, employs more than 1,000 people.