De Berti Jacchia, Lowe Law Firm and G.S.A. Giuliani e Baranzini Professionisti Associati advised on the transaction.
Neogen Corporation (NASDAQ: NEOG) with its subsidiary Neogen Europe Ltd. has acquired Italy-based Diessechem S.R.L., a distributor of food and feed safety diagnostics for the past 27 years.
With the acquisition, Diessechem’s operations will stay in Milan, and will be managed through Neogen’s European operations. Key Diessechem employees will be joining Neogen, ensuring a smooth transition and continued strong revenue growth.
Diessechem was founded in 1993, and has been an authorized distributor of Neogen since its inception. It is a leading supplier in Italy of diagnostic kits and instruments used in laboratory analysis and food safety.
Neogen Corporation develops and markets products dedicated to food and animal safety. The company’s Food Safety Division markets dehydrated culture media, and diagnostic test kits to detect foodborne bacteria, natural toxins, food allergens, drug residues, plant diseases and sanitation concerns. Neogen’s Animal Safety Division is a leader in the development of animal genomics along with the manufacturing and distribution of a variety of animal healthcare products, including diagnostics, pharmaceuticals, veterinary instruments, wound care and disinfectants.
De Berti Jacchia advised Neogen Europe Ltd. with a team led by partners Cristina Fussi (Picture) and Claudio Corba Colombo, assisted by associate Benedetta Mazzotti and Matteo Bilei.
Lowe Law Firm, PC also advised Neogen with founding partner Richard C. Lowe.
G.S.A. Giuliani e Baranzini Professionisti Associati advised the seller on the transaction with a team composed by Roberto Baranzini and Pierfausto Giuliani.
Involved fees earner: Matteo Bilei – De Berti Jacchia Franchini Forlani; Claudio Corba Colombo – De Berti Jacchia Franchini Forlani; Cristina Fussi – De Berti Jacchia Franchini Forlani; Benedetta Mazzotti – De Berti Jacchia Franchini Forlani; Roberto Baranzini – GSA – Giuliani e Baranzini Professionisti Associati; Pierfausto Giuliani – GSA – Giuliani e Baranzini Professionisti Associati; Richard Lowe – Lowe Law Firm, PC;