Kersia Group Acquires Neogen Cleaners & Disinfectants Business
July 25, 2025
Neogen Corporation completed the divestiture of its global cleaners and disinfectants business to Kersia Group for $130 million in cash at closing, plus contingent consideration tied to future performance. Neogen said the transaction simplifies and enhances its focus on core businesses, and expects net leverage reduction as proceeds will repay $100 million of debt.
- Buyers
- Kersia Group
- Targets
- Neogen's Cleaners & Disinfectants Business
- Sellers
- Neogen Corporation
- Industry
- Food & Beverage
- Location
- Michigan, United States
- Transaction Type
- Divestiture
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