On 21 September, Carr’s Group announced that it had completed the acquisition of Animax, a producer of animal health products, for a total cash consideration of up to £8.5m. The transaction will broaden the group’s existing range of animal health products and supplements. We raise our estimates and reiterate our indicative valuation of 178p/share.

01 Oct 2018
Carr's Group - Acquisition broadens animal nutrition offer

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Carr's Group - Acquisition broadens animal nutrition offer
Carr's Group PLC (CARR:LON) | 152 -1.5 (-0.7%) | Mkt Cap: 78.6m
- Published:
01 Oct 2018 -
Author:
Anne Margaret Crow -
Pages:
4 -
On 21 September, Carr’s Group announced that it had completed the acquisition of Animax, a producer of animal health products, for a total cash consideration of up to £8.5m. The transaction will broaden the group’s existing range of animal health products and supplements. We raise our estimates and reiterate our indicative valuation of 178p/share.