Germany’s Synlab agrees to sell vet business to Mars

Industry: Healthcare 9 months ago

German medical diagnostics provider Synlab said it has agreed to sell its veterinary business to the privately owned U.S. confectionary and pet food giant Mars Inc.

Synlab has not revealed the deal’s value but said the vet branch has accounted for less than 1% of total group revenue in 2022.

Source: Reuters.com

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