Deals

Riverside makes add-on acquisitions for animal health company

Animal health delivery systems company Simcro has bought ISL Animal Health and NJ Phillips.

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Riverside-backed Simcro Limited, a New Zealand manufacturer of animal health delivery systems, has acquired two similar companies, one in New Zealand and one in Australia.

The New Zealand-based ISL Health and Australia-based NJ Phillips are both operating divisions of Forlong & Maisey Limited, a New Zealand-based holding company.

Simcro was acquired by Riverside in 2013 and sells animal health applicators, injectors and drench guns in Australia, Europe, the Americas, Asia and South Africa. The new acquisitions means the company now designs, manufactures and distributes products for farmers to vaccinate and medicate their livestock efficiently.

“These additions will make Simcro a more capable, globally competitive exporter,” Steven Spiteri, Riverside principal, said in a statement.

Founded in 1988, Riverside focuses on acquiring growing businesses in fields including energy, healthcare, software & IT, and manufacturing. It currently has more than $4.4 billion in assets under management.