Merck Animal Health Completes Minority Investment in LeeO Precision Farming
Merck & Company, Inc. (new) (MRK)
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Source: Business Wire
Digital swine traceability solution tracks swine throughout their lifecycleInvestment complements Merck Animal Health’s broad portfolio of veterinary pharmaceuticals, vaccines and technology solutions MADISON, N.J.--(BUSINESS WIRE)--Merck Animal Health, known as MSD Animal Health outside of the United States and Canada, a division of Merck & Co., Inc., Rahway, N.J., USA (NYSE:MRK), announced today that it has completed a minority investment in LeeO Precision Farming B.V. (LeeO). Merck Animal Health also will assume distribution of LeeO’s digital swine traceability solution in selected markets over the coming months. Merck Animal Health joins LeeO’s existing founders and shareholders, Prairie Systems, Inc., a strategic investment of United Animal Health, Inc., and MIQ B.V. Specific terms of the minority investment were not disclosed.LeeO, a privately held company located in Deventer, the Netherlands, provides a cloud-based, real-time digital swine traceability solution for farmers,
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