Sofiprotéol and Ceva have finalised an agreement for the takeover of Sogeval by the Libourne-based Group, on 20 December 2013.
Sogeval thus becomes a subsidiary of Ceva Santé Animale, thereby consolidating the worldwide market presence of the new Group.
Under the agreement signed between the parties, Sogeval’s Biosecurity and Nutrition business will remain in the Sofiprotéol Group which intends to step up its activities in this area. International development of this business will be handled partly through the Ceva Group’s worldwide network, however.
The aim of the takeover is very much to go on the offensive, mobilising all the staff in both companies to accelerate the growth of the new Group and achieve its worldwide ambitions.