Veterinary Acquisitions in New Jersey

Phibro Animal Health Corp. has completed the acquisition of Zoetis Inc.'s medicated feed additive product portfolio and certain water‑soluble products. The deal transfers more than 37 product lines, six manufacturing sites (U.S., Italy, China) and a team of over 300 employees to Phibro, expanding its species coverage and product capabilities across cattle, swine and poultry.

Synergy Pet Group, a Lakewood, New Jersey–based provider of pet-related employee benefits, tech-enabled services, and veterinary software, received a minority growth investment from LoneTree Capital. LoneTree will support Synergy’s product rollouts, new business lines and strategic add-on activity, and Matt Koven will join Synergy’s board; terms were not disclosed.

Vimian Group’s MedTech segment Movora has acquired the assets of New Generation Devices (NGD), a New Jersey-based veterinary orthopedic implants business, and an exclusive veterinary license to the Citrate-BP biomaterial. The acquired business generates about USD 4.5 million in annual revenue and the deal was consolidated into Vimian’s MedTech segment on 1 August; Vimian said the acquisition is a strategic fit with clear synergy potential.