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America April 21, 2025 3 mins read

Neogen Selling Cleaners Business to Kersia for $130M

America ı By Rihem Akkouche

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Neogen Selling Cleaners Biz

In a bold move to streamline its operations and double down on its core strengths, Neogen selling Cleaners business to France-based Kersia Group marks a strategic pivot in the company’s long-term growth narrative. The $130 million cash deal, announced Monday, also includes additional performance-based consideration and is expected to close in the first quarter of Neogen’s fiscal 2026 year.

The transaction signals Neogen’s intent to sharpen its focus exclusively on food safety diagnostics—an area where the company has built a formidable global footprint.

Refocusing the Mission: From Barns to Labs

Neogen Corp., known for its cutting-edge diagnostic tools, is shedding its global cleaners and disinfectants unit, which generates about $60 million annually, largely from livestock applications including poultry, swine, and ruminants.

“The sale further focuses Neogen on food safety diagnostics and continuing to build on our leadership position in what we believe is an attractive end market with long-term tailwinds,” said Neogen President and CEO John Adent in a statement.

The proceeds will be used to fully repay $100 million drawn from Neogen’s revolving credit facility, part of a recent term loan refinancing, effectively cleaning the slate for the company’s financial future—quite literally.

A Boost for Kersia’s Biosecurity Arsenal

For Kersia, a global powerhouse in biosecurity and food safety with operations in more than 120 countries, the acquisition adds firepower to its existing solutions. The company, which employs over 3,000 people, views Neogen’s cleaner and disinfectant portfolio as a strategic complement.

“Together, we will pursue our mission to ensure food safety across the food chain,” said Sébastien Bossard, CEO of Kersia.

The synergy is clear: both companies are entrenched in the food safety space, and the merger of assets looks poised to amplify their collective impact from farm to fork.

Leadership Changes Add Another Layer of Transition

The deal comes at a pivotal moment for Neogen, as it simultaneously prepares for a change at the top. Earlier this month, Adent announced plans to step down after eight years with the company. He will continue in his current roles until a successor is named.

Neogen’s board has formed a special committee to direct the CEO search—another signal that the company is undergoing a metamorphosis as it positions itself for its next chapter.

A Clean Break with a Clear Vision

The Neogen selling Cleaners business move isn’t just a financial transaction; it’s a corporate recalibration. By divesting a non-core segment, Neogen is free to channel its resources and innovation into diagnostics—a sector with mounting global demand amid increasing regulatory standards and public health focus.

Kersia, meanwhile, gains a foothold in complementary markets and further solidifies its position as a global biosecurity leader.

As the ink dries on the agreement, the transaction reflects more than a shift in asset ownership—it embodies the evolving blueprint of two companies determined to lead in a world where food safety isn’t just a goal, it’s a global mandate.

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Rihem Akkouche
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Rihem Akkouche

Rihem Akkouche is a passionate journalist dedicated to shedding light on compelling stories, sparking conversations, and fostering a more informed world.

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