Apiam Animal Health Limited (ASX:AHX)
says it has completed its acquisition of All Stock NSW for $1.75 million.
All Stock is one of Australia’s leading goat and sheep genetics and reproduction companys with export accredited facilities and a successful online animal identification business.
Apiam paid All Stock share holders $1.196 dollars per share with the balance of the acquisition paid in cash.
Apiam reported a net profit of $93,000 to the end of June 2016.