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Elanco completes divestiture of aqua business to Merck Animal Health for $1.3 billion

PRIVATEJul 09, 2024

Acquiring Company

Merck Animal Health

Acquired Company

Elanco Animal Health

RahwayIndianapolisPharmaceutical ManufacturingManufacturingBiotechnologyAgriculture and FarmingHealth CareAnimal FeedPetVeterinaryPharmaceutical Manufacturing

Description

Elanco Animal Health Incorporated has successfully completed the divestiture of its aqua business to Merck Animal Health for approximately $1.3 billion in cash. This transaction allows Elanco to concentrate its focus on high-value opportunities in pet health and livestock sustainability, demonstrating its commitment to creating value for its stakeholders and society as a whole.

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Company Information

Company

Merck Animal Health

Location

Rahway, New Jersey, United States

About

Merck Animal Health, known as MSD Animal Health outside the United States and Canada, is the global animal health business of Merck. Through our commitment to The Science of Healthier Animals®, we offer a wide range of veterinary medicines, vaccines and health management solutions and services, as well as an extensive suite of connected technology that includes identification, traceability and monitoring products. This site is intended for residents of the United States and its territories only.

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Frequently asked

Who acquired Elanco Animal Health?

Elanco Animal Health was acquired by Merck Animal Health, based in Rahway. The deal was reported on July 9, 2024. Merck Animal Health, known as MSD Animal Health outside the United States and Canada, is the global animal health business of Merck. Merck Animal Health is privately held and operates in Pharmaceutical Manufacturing.

When did Merck Animal Health acquire Elanco Animal Health?

Merck Animal Health's acquisition of Elanco Animal Health was reported on July 9, 2024. Elanco Animal Health Incorporated has successfully completed the divestiture of its aqua business to Merck Animal Health for approximately $1.3 billion in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Elanco Animal Health do?

It is publicly traded (ELAN), operating in Manufacturing, and is based in Indianapolis.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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