Global healthcare provider Zydus Cadila has agreed to acquire select brands and the manufacturing operations in Haridwar of Zoetis, a global animal health company. The acquisition will be made through Zydus Animal Health, a division of Zydus Cadila. The financial details of the deal were not disclosed.
The manufacturing operations to be acquired have catered to both the Indian and global markets, while the brands cover a wide range of nutrition, therapeutic and livestock farm care products.
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Zydus Animal Health’s offerings in India include antibacterials, nonsteroidal anti-inflammatory drugs, antimastitis, tonics and poultry vaccines. It is the leader in “first-in-India” products in line with its mission to provide innovative solutions that improve animal health and farm productivity.
Zoetis India was represented by Veritas, while Zydus was advised by its in-house team.
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