Strategic Transaction Benefits and Improves Aquaculture Health and Performance
Merck Animal Health, a division of Merck & Co.has announced the completion of its acquisition of Vaki, a leader in fish farming and wild fish conservation monitoring equipment and real-time video monitoring technology to advance fish health and welfare, from Pentair, a leading global water treatment company.
Today’s announcement further positions Merck Animal Health as a global leader in broadening its aquaculture portfolio by expanding into complementary fish farming and conservation areas to generate outcomes with precision farming and fish welfare solutions, which complement its existing portfolio of vaccines and pharmaceuticals. Vaki will be a leading brand under the Biomark business within Merck Animal Health, focused on a range of equipment, products and technology for fish counting and size estimation from freshwater to saltwater rearing, while collecting data and analytics for each stage of fish production.
“Animal health intelligence and enhanced technology play an increasingly important role in animal health and care, providing access to real-time actionable data and insights to help, improve or enhance animal management and health outcomes,” said Rick DeLuca, president, Merck Animal Health. “We continue to execute upon our strategy to expand and add breadth to our portfolio and its technology. We are at the technological forefront of shaping the future of animal health through our commitment to leveraging our scientific capabilities and expertise through comprehensive solutions to manage the health and well-being of animals. We are excited to take this step forward with Vaki, as we add leading technology and services, which extend the range of solutions in aquaculture we can provide to our customers.”
Karl Frykman, executive vice president and chief operating officer at Pentair, said, “We are proud of Vaki’s transformation over the past years. Vaki has significant potential to continue to spearhead development in the aquaculture industry and we believe that Merck Animal Health is an ideal partner to support the next stage of its growth.”
Biomark specializes in electronic identification technology used in fisheries, wildlife and aquaculture research, including product sales, custom manufacturing, installation and extensive data management and analysis.
