StockWatch
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Pharmaceuticals
Acquisitions21 Jul 2026, 05:40 pm

Viyash Scientific Subsidiary Executes SPA for BioForLife Italia Acquisition

AI Summary

Viyash Scientific Limited's step-down subsidiary, Alivira Animal Health Limited, Ireland, has executed a Sale and Purchase Agreement (SPA) to acquire 100% of BioForLife Italia S.r.l. The base consideration is approximately EUR 16.976 million, comprising EUR 15 million at closing and EUR 1.976 million as retained/deferred consideration. The deferred consideration mechanism has been revised and is linked to contractual continuation conditions. Transaction completion is subject to Italian FDI/Golden Power clearance and other SPA conditions. This disclosure confirms the execution of definitive transaction documentation.

Key Highlights

  • Subsidiary Alivira Animal Health executes SPA for BioForLife Italia acquisition.
  • Total consideration approximately EUR 16.976 million.
  • EUR 15 million payable at closing, balance as deferred consideration.
  • Deferred consideration linked to contractual continuation conditions.
  • Transaction subject to Italian FDI clearance and other conditions.