Merck Buys Peruvian Animal Health Firm TARGAN
Merck has expanded its animal health business in Peru through the acquisition of TARGAN. The deal, which has been approved by the court, will see Merck strengthen its presence in the South American country.
No financial details were provided regarding the purchase price or the terms of the agreement. However, the move is seen as a strategic step for Merck to expand its animal health offerings in Peru and improve its market share.