Bimeda Holdings Plc (Bimeda) has announced the acquisition of a majority shareholding in Mogivet Farmaceutica SA (Mogivet), an Animal Health Company based in Monte Mor, Sao Paulo, Brazil.
Mogivet manufactures and markets a wide range of products to the Animal Health Sector in Brazil. Mogivet has sales of $17m and employs 105 people in R&D, Manufacturing and Sales.
Growth in the Latin American Market is a strategic objective for Bimeda and this Investment gives it access to the Brazilian Market, as well as manufacturing capability in the Region.
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