US group swoops to acquire Birkenhead chemical products business
KBS Corporate has successfully facilitated the sale of Birkenhead-based Delf UK to NASDAQ listed NEOGEN Corporation, for an undisclosed sum.
Delf is a manufacturer and supplier of animal hygiene and industrial cleaning products, employing around 25 staff.
Since Delf’s founding in 1928, the company has grown from one of the main soap manufacturers in Merseyside to offer a wide range of animal hygiene and specialty chemicals products.
Today, Delf combines traditional values with a 21st century vision, focusing on innovation and the manufacturing of environmentally-friendly products.
NEOGEN Corporation develops, and markets comprehensive solutions dedicated to food and animal safety. The company’s food safety segment markets dehydrated culture media and diagnostic test kits to detect foodborne bacteria, natural toxins, food allergens, drug residues, plant diseases, and sanitation concerns.
Its animal safety segment is a leader in the development of genomic solutions along with the manufacturing and distribution of a variety of animal healthcare products, including diagnostics, pharmaceuticals, veterinary instruments, wound care, and disinfectants, as well as rodent and insect control solutions.
Jason Lilly, NEOGEN’s vice president of international business, said: “We are very pleased to have Delf join NEOGEN.
“We believe that Delf’s more than 40 years of experience in the UK dairy hygiene market will be of great benefit for NEOGEN as we look to expand our offerings of performance dairy chemicals. Delf’s products will blend synergistically with our Quat-Chem disinfectant and cleaner offerings, enhancing our portfolio, and helping to keep people and animals around the world safe and healthy.”
Chris Jones, Delf managing director, said: “Joining NEOGEN is an exciting opportunity for us.
“Over the years, we have put a lot of effort into our range of specialty chemicals and dairy hygiene products, and we are excited to see how those offerings continue to grow with the expertise and backing of the NEOGEN team.”
Tom Eatough, associate corporate director of Bolton-based KBS Corporate Finance, advised the sellers throughout the process.
