Merck Animal Health sets the seal on the acquisition of Vaki

Merck Animal Health recently set the seal on acquisition of Vaki from Pentair, thereby taking further strides towards the numero uno position in aquaculture. People aware of the situation claim the acquisition will help Merck Animal Health bolster its aquaculture portfolio by expanding into conservation areas and complementary fish farming, producing results with fish welfare solution and precision farming.
Vaki, a leading brand under the Biomark business within Merck Animal Health, will apparently be focusing on an array of products, equipment and technology for size estimation and fish counting from freshwater and saltwater rearing.
President of Merck Animal Health Rick DeLuca said that the company is leading in redefining the future of animal health through relentless endeavor to bolster scientific capabilities and expertise via ‘comprehensive solutions.’ DeLuca also signified the relevance of animal health intelligence and improved technology in animal health and care that offers access to insight and real-time actionable data to aid or ameliorate health outcomes and animal management. He did not shy away from expressing his reverence to Vaki as they expand the range of solutions in aquaculture.
Executive Vice President and COO of Pentair Karl Frykman spoke at length lauding Vaki’s role in the aquaculture industry and believed Merck Animal Health to be an apt partner to foster the next step of development.
Merck Animal Health disclosed the completion of acquisition of Antelliq Corporation, along with its brands—Biomark, Allflex Livestock Intelligence and Sure Petcare—in April 2019 as prominent players in emerging digital technology with animal monitoring, animal identification and smart data management for Companion Animals and Livestock. Merck Animal Health acquired Norway based Scan Aqua AS in the preceding month to bolster its product portfolio. It is viable to mention that Biomark specializes in electronic identification technology used in wildlife, fisheries and aquaculture research.
Source Credits:
https://finance.yahoo.com/news/merck-animal-health-completes-acquisition-220000962.html