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Neogen acquires its distributors in Argentina, Uruguay

Neogen Corp. said it has acquired Productos Quimicos Magiar, a distributor of Neogen's food safety diagnostics for the past 20 years with businesses in Argentina and Uruguay.

The company did not disclose the financial terms of the acquisition in a Jan. 6 press release.

Productos Quimicos' operations will remain in the two countries and provide Neogen with a physical presence in the important agricultural Southern Cone region of South America.

Neogen, which develops and markets various products for food and animal safety worldwide, said the operations will be managed through its Latin American operations and will now offer direct sales of Neogen food safety, animal safety and genomic products in the regions.