News | Pet medicine division

Back

Bayer sells to Elanco

Bayer has sold its pet medicine division to US competitor Elanco.

The German chemicals and pharmaceutical company Bayer has sold its pet medicine division with the Bolfo and Bay-o-Pet brands to its US competitor Elanco for 7.6 bn dollars. According to a Bayer press release, Elanco is paying 5.3 bn dollars in cash with the rest in shares. This makes Bayer one of the biggest shareholders in the US company.

With this acquisition Elanco becomes the second-largest supplier worldwide in the pet health sector and enables it to strengthen its position in the anti-parasitic agents field, which was one of the main product areas of Bayer's pet medicine division.

|22 August 2019


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Katharina Engling is new chairperson of the Interzoo advisory board

Katharina Engling is the new chairperson of the Interzoo advisory board. She succeeds Hans-Jochen Büngener, who is stepping down after 31 years in View news...

Hornbach opens a fourth store

Hornbach has opened its fourth store in Slovakia. The new outlet is in the north-east of the country; two stores are already operating in Bratislava View news...

Retailers expand into Portugal

Retailers from Germany, France and Spain are looking to expand into Portugal, according to reports in the newsletter of PLMA, the Private Label View news...

Plaček Group continues to expand

The Plaček Group, a leading retail company in Central and Eastern Europe, is expanding further: in its home market in the Czech Republic, the chain View news...

Sustainability – Companies in portrait

Manufacturers present themselves and their products on the subject of sustainability.

Take a look

PET retailers from D, A, CH

Update now!


PET Handel
The unique work on the German retail pet shops. Essential information for successful marketing, sales and field service activities. Loose-leaf collection incl. folders and database CD.
Order now

Actual economic data

Statistik Zoofachhandel


Dähne Statistik Zoofachhandel
It provides all the key performance indicators for the German PET industry.

Language: German
Order now

Newsletter

Get the latest news about the PET industry weekly per email.

Just register