Alivira Animal Health to acquire 60% stake in Karizoo Group, Spain
Sequent Scientific announced that its subsidiary Alivira Animal Health has signed a definitive agreement to acquire majority stake in Karizoo Group, Spain, one of the leading animal health groups in Spain and European markets.Alivira would acquire 60% stake in the family held Vila Vina Particpacions (VVP) which owns Karizoo Spain, Phytosolutions Spain, Covivet Spain and Karizoo Mexico. The existing promoters will continue to hold the balance 40% stake. The acquisition will be made through Alivira Ireland, a wholly owned subsidiary of the Company.
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