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Neogen Corp. has acquired Rogama Indústria e Comércio Ltda. of Brazil, marking Neogen’s fourth acquisition this year.

Published in In the News

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.

Published in In the News
Sunday, 11 December 2016 16:46

MiBiz Growth Report: Dec. 12, 2016

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.

Published in In the News

Neogen Corp. has acquired Quat-Chem Ltd., a chemical manufacturer of biocidal cleaning and disinfectant products based in the United Kingdom.

Published in In the News
Sunday, 15 May 2016 12:30

MiBiz Growth Report: May 16, 2016

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.

Published in In the News

Neogen Corp. has acquired Nevada-based Preserve International and Tetradyne LLC, a manufacturer of cleaners and disinfectants for the livestock and food processing industries.

Published in In the News
Sunday, 01 May 2016 09:36

MiBiz Growth Report: May 2, 2016

Here is the MiBiz Growth Report for May 2, 2016.

  • M&A: Brad Davis and Lynne Bosgraaf, both formerly executive team members at Grand Haven-based Light Corp., have acquired Ram Electronics Inc., a manufacturer in Fruitport of printed circuit boards, custom wire harnesses and other components. The deal came about as Ram’s previous owner, Don Neidlinger, looked to retire. Zeeland-based Rua Associates LLC advised Davis and Bosgraaf on the deal, the terms of which were not disclosed. The executives partnered with Mercantile Bank Corp. to structure a loan through the Michigan Economic Development Corp.’s collateral support program. The program provides collateral to fund down payments on expansions or mergers and acquisitions.
  • M&A: Lansing-based Neogen Corp., a manufacturer of food and animal safety products, acquired Brazil-based Deoxi Biotecnologia Ltda, an operator of an animal genomics laboratory, according to a statement. Terms of the deal were not disclosed. Deoxi’s management and staff will remain with the company.
Published in In the News

Neogen Corp., a Lansing-based manufacturer of food and animal safety products, has acquired Brazil-based Deoxi Biotecnologia Ltda, an operator of an animal genomics laboratory.

Published in In the News

LANSING — Neogen Corp. reported record sales and earnings for the third quarter of the 2016 fiscal year.

Published in In the News
Sunday, 13 September 2015 21:35

MiBiz Growth Report: Sept. 14, 2015

Here is the MiBiz Growth Report for Sept. 14, 2015.

Published in Economic Development
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