V.M.D. n.v., acquires Laboratoires Biové, France
Privately owned manufacturer of veterinary medicines,
V.M.D.n.v., based in Belgium, has announced that it has further strengthened its
position in the French market through the acquisition of a private
pharmaceutical laboratory, Laboratoires Biové.
V.M.D. is market leader in its field in Belgium with a highly effective
sales network through distributors and/or own subsidiaries operating in over 70
Biové's offices are located in Arques, north France, with a strong market
presence in other areas of the world including Magreb, the Middle East and South
â€œThis acquisition will optimise the registration and production
capabilities of both companies, consolidate the range of services and expertise,
becoming an international leader in our sector. Both companies will expand
independently on a national basis whilst competently continuing to serve all
major and existing partnerships. The company structures will remain unchanged:
internationally V.M.D. will focus more on enhancing Sales & Marketing as
well as Research and Development whereas Biové will focus on the production
process," Jan Moons, CEO and managing director, V.M.D.
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