As reported in Globes: The US livestock ID leader is acquiring the Netanya based dairy herd specialist.
Allflex has acquired 100% of SCR’s shares from Tene Investment Funds, a private equity fund headed by Senior Managing Partner Dr. Ariel Halperin, which has a 51% stake, and the company’s founders Meir Rabinovich, Eyal Brayer, Dani Cohen, and Avi Mor. The deal was signed today and will be closed in the coming weeks.
SCR CEO Yariv Avisar said, “This is an historical moment for SCR and an important milestone in the market when two leading companies join forces.”
For 50 years, Allflex has led the livestock identification sector through electronic tag ID technology and tissue sampling. Acquiring SCR is a strategic step in which Allflex’s technology will add advantages for SCR and allow it to expand more efficiently to new areas and markets by leveraging and corss-fertilization.