Displaying items by tag: Neogen Corp
Here is the MiBiz Growth Report for July 18, 2022:
Lansing-based food and animal safety products manufacturer Neogen Corp. plans to combine with conglomerate 3M’s food safety business.
LANSING — Food and animal safety products manufacturer Neogen Corp. continues its international expansion with the acquisition of a supplier of analytical products deployed in food and beverage quality control laboratories.
Lansing-based food safety company Neogen Corp. is poised to acquire an industry-leading beef cattle insecticide.
LANSING — Food and animal safety products manufacturer Neogen Corp. completed its fifth international deal of 2020 with the acquisition of a Chile-based company.
MiBiz Growth Report for March 15, 2020.
LANSING — Food and animal safety products manufacturer Neogen Corp. has acquired its fourth international business this year.
This is the MiBiz growth report for February 16, 2020.
LANSING — Neogen Corp., a food and animal safety products manufacturer, has completed its third international acquisition this year with a deal for a U.K.-based firm.
LANSING — Neogen Corp. announced its second international acquisition in a week with a deal for Italy-based Diessechem S.R.L., a distributor of food and feed safety diagnostic products.
LANSING — Food and animal safety products manufacturer Neogen Corp. has acquired a longtime distributor in South America.
Here is the MiBiz Growth Report for Sept. 17, 2018.
A Mid-Michigan food and animal safety testing products company has purchased a Virgina genetic testing firm specializing in services for cattle breeding organizations.
The new CEO at Neogen Corp. plans to take on the role of company president.
Here is the MiBiz Growth Report for Sept 18, 2017:
• M&A: Three Rivers-based Armstrong International Inc., a fifth-generation family-owned manufacturer of energy management products, has acquired Delta2 s.r.l. of Milano, Italy, according to a statement. Delta2 makes control valves and pneumatic operators for the oil and gas, food, pharmaceutical, power and industrial markets.
Neogen Corp. will invest $1.3 million into rehabbing a closed facility in Mid-Michigan.
West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.
zHere is the MiBiz Growth Report for Jan. 9, 2017.
• M&A: Grand Rapids-based Irwin Seating Co. signed a letter of intent to purchase American Seating Co.’s architectural fixed seating business in a deal expected to close in March 2017, pending due diligence. The business includes products for stadiums, auditoriums and other large venues. The company’s move to divest a “higher profile part of our business was an extremely difficult decision to make,” Chairman and CEO Ed Clark said in a statement announcing the transaction. The sale comes as American Seating seeks “to optimize its operations and resources in order to pursue significant growth opportunities” in its transportation seating business, where the company will continue to focus. American Seating intends to lay off 80 workers early this year as a result of the deal. However, a portion of that workforce may transition into roles at Irwin Seating, according to the statement. Terms of the deal were not disclosed.
Neogen Corp. has acquired Rogama Indústria e Comércio Ltda. of Brazil, marking Neogen’s fourth acquisition this year.
A combination of increased sales and growth by acquisitions over the past year resulted in strong performance for Neogen Corp. in the second quarter of its 2017 fiscal year.
Here is the MiBiz Growth Report for Dec. 12, 2016:
• M&A: Blue Wolf Capital Partners LLC, a New York-based private equity firm, has acquired the North American operations of New Zealand-based Tenon Limited. The company will be based in Grand Rapids and operate under a new name, Novo Building Products LLC. Novo is a manufacturer and distributor of speciality building products. Terms of the deal were not disclosed.
Neogen Corp. has acquired Quat-Chem Ltd., a chemical manufacturer of biocidal cleaning and disinfectant products based in the United Kingdom.
Here is the MiBiz Growth Report for May 16, 2016:
• M&A: Indianapolis-based The XLerate Group, a portfolio company of Detroit-based private equity firm Huron Capital Partners LLC, has acquired Jenison-based Grand Rapids Auto Auction. The deal represents the second acquisition in a year for The XLerate Group, which acquired Schoolcraft-based Greater Kalamazoo Auto Auction in May 2015. XLerate provides dealer-to-dealer auto auctions for used vehicles. Grand Rapids Auto Auction, located at 2380 Port Sheldon Ct., provides used vehicle remarketing to fleet and leasing companies and dealers in Michigan, Illinois and Ohio. Terms of the deal were undisclosed. Through the acquisition, XLerate now has local auto auctions that operate 17 physical and mobile sites in Michigan, South Carolina, California, Texas, Wisconsin and Florida.