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Neogen acquires Italian food safety company

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Christian Fernsby ▼ | January 14, 2020
Neogen Corporation announced that it has acquired Italy-based Diessechem, a distributor of food and feed safety diagnostics for the past 27 years.
Neogen Corporation
Acquisition   Neogen Corporation
With the acquisition, Diessechem's operations will stay in Milan, and will be managed through Neogen's European operations. Key Diessechem employees will be joining Neogen, ensuring a smooth transition and continued strong revenue growth.

Topics: Neogen acquire Italian food

Diessechem was founded in 1993, and has been an authorized distributor of Neogen since its inception. It is a leading supplier in Italy of diagnostic kits and instruments used in laboratory analysis and food safety.

The company's customers include the country's important public authorities for food safety, food industries, grain companies, feed mills, and many private laboratories operating in food and environmental test and measurement market.

Terms of the agreement were not disclosed.