Healthcare and Distribution Services - Audon Trap & Partners

Animal Health
Antec International Du Pont Advisor to seller
Antec with its flagship product, Virkon S, is the leading producer of biosecurity
products to protect pig and poultry producers and farms from viral disease such as
Foot and Mouth and Avian Influenza. In family ownership, the business had been
developed over 28 years to a leadership position with national authorities and the
animal health industry when dealing with emergency disease outbreaks.
Cavendish achieved the vendors objectives of maximising value and ensuring an
enhanced future with access to increased resources through the sale to DuPont
Chemical Solutions which was the supplier of a key raw material, thereby acquiring
control over an important route to market.
Diagnos Ceva Santé Animale Advisor to seller
Holland Corporate Finance advised the shareholders of Diagnos in finding a strategic
partner who could upscale this technology to an industrial level and market it
internationally. After several discussions with interested major market players
Diagnos selected Ceva as its exclusive partner and granted the company a call
option.
Diagnos is a product development company which developed the technology for a
homogeneous test to detect progesterone. Milk progesterone analysis is a proven tool
to help farmers, herd managers and veterinarians to detect heat and indicate
pregnancy with (dairy) cattle.
Ceva Santé Animale (www.ceva.com) develops, manufactures and distributes Animal
Health products. The company’s main expertise lies within the anti-infectives,
vaccines and reproduction control devices areas. Ceva operates in all key European
Union markets and has established a strong presence in international growing
markets such as Eastern and Central Europe, Middle East and Turkey, Africa, Asia,
and Latin America.
King Pharmaceuticals Inc. Virbac Corporation Advisor to seller
(Animal Health Division)
King Pharmaceuticals is a publicly traded manufacturer and marketer of branded
pharmaceutical products headquartered in Bristol, TN. As a result of prior
acquisitions, King had inherited a line of animal health products sold to the
veterinary market that were considered non-core and a distraction to management.
Matrix was engaged by King to market the product lines to strategic buyers in order
to maximize the value of the vet brands before they were irreparably damaged in the
market place due to ongoing lack of support. Through a disciplined and controlled
auction process, Matrix was able to successfully maximize sale proceeds for the
product lines (sold for 3.1x sales).
M&A International Inc.
M&A International Inc.
member represented firm:
by:
Cavendish Corporate
Finance
Holland Corporate Finance Finance
Matrix Capital Markets
Group, Inc.
11