Strategic establishment of Ceva Bussan Animal Health

Ceva Animal Health (Ceva) and Mitsui & Co., Ltd. (Mitsui) announce that they are further expanding their partnership with the establishment of Ceva Bussan Animal Health, a new joint venture that brings together Bussan Animal Health (BAH) and Ceva Japan. As part of the transaction, Mitsui has transferred 60% of its shares in BAH to Ceva.

Ceva Bussan Animal Health will be led by Ceva as the majority shareholder and will benefit from the ongoing support of Mitsui, a leading global trading and investment company headquartered in Japan. In parallel, Mitsui has made an additional strategic equity investment in Ceva.

The new company, Ceva Bussan Animal Health, with a comprehensive range of animal health products, thus combines BAH’s 75-year heritage in the Japanese animal health market with Ceva’s position as one of the world’s top five animal health companies.