Neogen selling global cleaners and disinfectants business to Kersia

Neogen sells livestock cleaner unit for $130M amid CEO transition

Food and animal safety products manufacturer Neogen Corp. has inked a deal to divest its global cleaners and disinfectants business for $130 million in cash.  Lansing-based Neogen expects the sale of the business to Dinard, France-based Kersia Group to close in the first quarter of Neogen’s 2026 fiscal year, which begins... Please login to read all 985 words.

Neogen Selling Cleaners Business to Kersia for $130M - USA Herald

In a bold move to streamline its operations and double down on its core strengths, Neogen selling Cleaners business to France-based Kersia Group marks a strategic pivot in the company’s long-term growth narrative. The $130 million cash deal, announced Monday, also includes additional performance-based consideration and is expected to close in the first quarter of Neogen’s fiscal 2026 year. The transaction signals Neogen’s intent to sharpen its f…

Neogen selling global cleaners and disinfectants business to Kersia

The cleaners and disinfectants are used in a range of livestock applications, including swine, poultry and ruminant operations.