2 months ago
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Zenex Animal Health India Private Ltd, backed by Multiples PE has announced the acquisition of a bulk involvement successful Netherlands-based VievePharm, a specializer successful earthy carnal nutrition, for an undisclosed amount.
This would accelerate Zenex’s enlargement into the planetary “naturals” marketplace portion establishing a dedicated manufacturing and income hub successful Western Europe, the institution said.
This acquisition allows Zenex to utilise VievePharm’s established organisation web successful the EU to accelerate the export of its broader therapeutic and nutritional scope crossed aggregate formulation types.
Dr. Arun Atrey, Managing Director and CEO of Zenex Animal Health, said, “The acquisition of VievePharm is simply a logical progression of our first-principles attack to carnal healthcare — focusing connected prevention and sustainable productivity.”
“By combining VievePharm’s precocious bolus exertion and European marketplace entree with our R&D extent and planetary distribution, we are positioned to connection holistic, science-backed solutions that code the basal causes of carnal wellness challenges,” helium added.
Manish Gaur, Board member, Zenex, and MD & Head of Pharma and Healthcare astatine Multiples, said, “Strategic acquisitions that supply important capableness additions, similar VievePharm’s bolus exertion and European footprint, volition proceed to beryllium a captious portion of the value-creation travel astatine Zenex arsenic we standard our enactment globally.”
Arie Boorsma, Founder, VievePharm, said, “Joining forces with Zenex allows america to standard our ‘Best of Nature’ doctrine to a planetary stage. Our committedness to sustainable livestock farming and innovation successful carnal nutrition aligns perfectly with Zenex’s vision. This concern volition supply the resources and scope indispensable to deepen our operations successful The Netherlands and instrumentality our solutions to farmers crossed Europe and RoW markets.”
