Acquisition expands the company’s growth opportunities in Southeast Asia
LANSING, Mich., July 6, 2022 /PRNewswire/ — Neogen Corporation (NASDAQ: NEOG) announced today that it has acquired Thai-Neo Biotech Co., Ltd., a longstanding distributor of Neogen’s food safety products located in Bangkok, Thailand.
Thai-Neo Biotech was established in 1992 and has served as a distributor of Neogen food safety products, especially mycotoxin assays and other rapid diagnostic test kits, in Thailand for more than 20 years.
“We are pleased to officially welcome Thai-Neo Biotech to Neogen, which establishes a direct Neogen presence in Thailand and Southeast Asia,” said Dr. Jason Lilly, Neogen’s Vice President of International Business. “This acquisition complements our operations in India, China, and Australia, deepens our access to the fast-growing Asia/Pacific food safety market, and reflects our…
