PGG Wrightson acquires Nexan Group in $20m deal

PGG Wrightson acquires Nexan Group in $20m deal
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Riley Kennedy
PGG Wrightson has acquired animal health manufacturer Nexan Group in a $20m deal.The rural services firm’s wholesale trading division, Agritrade, is the exclusive distributor of Nexan’s animal health product range in NZ which includes brands such as Active+, Cervidae, Farma, Centramax.In a statement to the NZX on Monday afternoon, PGW’s chief executive Stephen Guerin said PGW had maintained a strong relationship with Nexan for over a decade, “playing a key role in building its Vetmed brand from the ground up to...