Wednesday, December 19, 2018

Merck Broadens "Hoof-Print" -- In Digital Animal Health / Monitoring: Antelliq Acquisition

We are over a day tardy with this, but it is immaterial to Merck, on size.

It does firm up Merck's ability to compete against Zoetis, though. So it is decidedly good news (even if small, by Kenilworth standards). Here's the blurb:

. . . .Under the deal, Merck will acquire Antelliq Group, a digital animal identification, traceability, and monitoring company.

Antelliq’s products allow access to real-time, actionable information that can help farmers and veterinarians improve livestock management and health outcomes.

As part of the agreement, Merck will make a cash payment. . . to obtain all outstanding shares of Antelliq and will assume the company’s debt of $1.3 billion [which will be retired shortly after closing]. . . .

With the ultimate goal of optimising how livestock is raised, Allflex Livestock Intelligence helps farmers act in a timely manner, to safeguard their animals’ health, while achieving optimal production outcomes for a healthy food supply. . . .

Onward, to Christmas-time arrivals from near and far! Be excellent to one another. . . .


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