Mars Acquires Cerba HealthCare's Stake in Cerba Vet and ANTAGENE

Merck Animal Health (MSD Animal Health) to Acquire TARGAN

June 12, 2026

Healthcare Services

Merck Animal Health has signed a definitive agreement to acquire TARGAN, a privately held poultry animal-agriculture technology company developing biodevice solutions. The deal is expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions.

Nextmune Acquires VetBiotek

December 22, 2023

Veterinary

Nextmune, a global specialty animal-health company, acquired VetBiotek, a developer of veterinary dermatology topical formulations including MicroSilver BG and Ceramide III products. The acquisition expands Nextmune’s dermatology portfolio and aims to improve production, packaging, distribution and access of VetBiotek’s products to veterinary clinics and distributors.

Gryphon Investors Acquires Vetnique Labs

April 20, 2023

Consumer Products

Gryphon Investors, a San Francisco-based private equity firm, has acquired Vetnique Labs, a Naperville, Illinois-based pet health and wellness company. Gryphon will partner with founder and CEO James Bascharon (who will remain in role and retain a significant stake) to expand Vetnique’s product portfolio and geographic reach; financial terms were not disclosed.

Mars, Incorporated to Acquire Heska Corporation

April 3, 2023

Healthcare Services

Mars, Incorporated entered into a definitive agreement to acquire Heska Corporation, a global provider of advanced veterinary diagnostic and specialty products, for $120.00 per share. The deal is intended to expand Mars Petcare’s Science & Diagnostics capabilities and broaden point-of-care veterinary diagnostic offerings, with closing anticipated in the second half of 2023.

Mars Petcare Acquires Champion Petfoods (ORIJEN & ACANA)

November 1, 2022

Food & Beverage

Mars Petcare (part of Mars, Incorporated) has signed a definitive agreement to acquire Champion Petfoods, the Edmonton-based maker of premium pet food brands ORIJEN and ACANA, from an investor group led by Bedford Capital and the Healthcare of Ontario Pension Plan. The undisclosed-value transaction — which brings Champion's more than 800 employees into the Mars Petcare family — is expected to close in the first half of 2023 and will expand Mars' premium pet nutrition portfolio and global distribution footprint.

Merck Animal Health Acquires Vence

September 22, 2022

AI & Machine Learning

Merck Animal Health (a division of Merck & Co., Inc.) signed a definitive agreement to acquire Vence from its founders and shareholders. The acquisition will expand Merck Animal Health’s animal intelligence and virtual fencing technology portfolio for cattle producers and ranchers, and is expected to close in Q3 2022 subject to customary conditions.