Sequent Scientific’s subsidiary Alivira Animal Healthcare will acquire Topkim Premiks San. Ve Tic A.S of Turkey. The acquisition will be made through Provet Veterinary Products, Turkey, a subsidiary of Alivira.
Topkim, one of the oldest and reputable manufacturer of Turkey, has close to 50 years of business presence with over 67 registered products mainly comprising of Ectoparasiticides, Endectocides, and Injectable Antibiotics. It has wide distribut on capabilities with presence in almost every sales point at Turkey. The transaction has been valued at an Enterprise Valuation of TL 20.7 million approximately $7 million.
Sequent Scientific is an integrated pharmaceutical company with a global footprint headquartered in Bangalore, India which has presence in different pharmaceutical verticals including APIs, Animal Health, Analytical Services, CRAMS and specialty chemicals. Sequent is the world's largest producer of Anthelmintics and by far the strongest player in the Veterinary API business.
