Acquisition
Zenex acquires herbal animal care firm Ayurvet
By Startup Enthusiast ·
- Date
- Company
- Zenex Animal Health
- What it does
- Zenex Animal Health
- Kind
- Acquisition
- Based in
- Ahmedabad
What they do
Zenex bought Ayurvet, a maker of herbal and natural products for livestock, poultry and pets, without disclosing the price
What happened
Ayurvet began in 1992 as a Dabur India unit and became independent in 2002, selling in about 25 countries
Why it matters
The purchase adds research strength, brands and sales teams, plus a Polish joint venture that helps Zenex's European exports
The details
- Zenex, backed by Multiples PE, acquired Ayurvet Ltd in December 2023.
- Ayurvet's products are natural and herbal, so they fit alongside Zenex's existing range.
- Ayurvet has a joint venture in Poland, giving access to the EU.
- Zenex runs a factory in Haridwar, commissioned in 2007.
The deal
- Type
- Acquisition
Investors
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