Dechra swoops for Dutch firms in €340m deal
Cheshire-headquartered veterinary pharmaceutical business Dechra is to acquire AST Farma and Le Vet, both based in the Netherlands, for €340m.
The firm, which has its manufacturing base in Skipton, North Yorkshire, and its head office in Northwich, also this morning announced a share placing to raise £100m.
The acquisition will be completed with 75% cash and 25% in new Dechra shares.
AST Farma is one of the leading companion animal pharmaceutical companies in the Netherlands, focused on generic and generic plus produc... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
