INDEPENDENT NEWS

Zoetis Seeks Clearance To Acquire Animal Healthcare Rival Jurox

Published: Fri 29 Oct 2021 03:09 PM
The Commerce Commission has received a clearance application from Zoetis Inc. (Zoetis) seeking clearance to acquire Betrola Pty Limited, which owns the Jurox group of companies (Jurox).
Zoetis is a global animal healthcare company that develops, manufactures and distributes healthcare treatments for companion animals (such as cats and dogs) and production animals (such as sheep and cattle).
Jurox is an Australia-based animal healthcare company that also develops, manufactures and distributes healthcare treatments for companion and production animals. Jurox’s business includes a New Zealand subsidiary, Jurox New Zealand Limited.
In New Zealand, Zoetis and Jurox overlap in the supply of several different products used to treat ailments in companion and production animals. These products include treatments for internal and external parasites and for inflammatory and microbial conditions, as well as a range of sedatives.
A public version of the clearance application is available on the Commission’s case register.Background
We will give clearance to a proposed merger if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.
Further information explaining how the Commission assesses a merger application is available on our website.

Next in Business, Science, and Tech

More Job Opportunities, But Growth In Workers’ Earnings Remains Subdued
By: Westpac
Card Spending Continues To Increase As COVID-19 Restrictions Ease
By: Statistics New Zealand
Westpac NZ Warns About Sophisticated New Scam
By: Westpac New Zealand
Job Market Ends 2021 On A High With Record Number Of Vacancies
By: Trade Me Jobs
September South Island Windstorm Cost $36.5 M Raises 2021 Extreme Weather Claims Total To $321.6 M
By: Insurance Council of New Zealand
Building Consents Hit New Highs In November
By: Statistics New Zealand
View as: DESKTOP | MOBILE © Scoop Media