GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

- Animal Health business, following a positive 2016, is poised for strong long-term growth and industry leadership after the strategic addition of Merial

- Boehringer Ingelheim's animal health business is now the second largest company in the global animal health market

- In the Middle East, Turkey and Africa (META), Boehringer Ingelheim provides solutions that improve health in livestock, horses and poultry


United Arab Emirates – 13 April, 2017: Three months after acquiring animal health leader Merial in a strategic transaction with Sanofi, Boehringer Ingelheim revealed its ambition to compete for industry leadership worldwide in animal health. Boehringer Ingelheim's management recently discussed the importance of its animal health business and its long-term growth potential at a briefing event that took place in Ingelheim, Germany.


Following a positive year for the animal health business in 2016 with net sales increasing by 8.5 percent in currency adjusted terms to 1.46 billion euros, Boehringer Ingelheim finalized the acquisition of Merial on 1 January 2017. With the combination of these two leading and highly complementary businesses, animal health has been identified as a strategic long-term development priority for the company.


Joachim Hasenmaier, Head of Boehringer Ingelheim's Animal Health Business Unit and member of the Boehringer Ingelheim board of managing directors said, “Acquiring Merial immediately positions us to be increasingly competitive in a high-growth sector that is in a consolidation phase. By combining two dynamic companies that share the same long-term strategic vision, we are delivering a larger and more innovative portfolio of products and services to prevent disease and improve the health and productivity of animals around the world. We want to actively help shape the animal health industry by combining our forces, one with the power of two.”


Moreover, Herbert Pohle, Boehringer Ingelheim's Head of Animal health META also noted, “Animal health is one of the key drivers to sustainable human health. In large areas across the region, the animal health sector is of strategic importance as it directly links to our daily lives and overall nutrition. We remain committed to strengthening the Boehringer Ingelheim Animal Health Business Unit across the region by driving market leadership, leveraging innovation and providing customer service excellence.”


Pohle further added, “We will continue strengthening our relationship with our partners, and work with them to help drive best practices, and further develop problem-solving health solutions that maximize productivity.”


Between now and 2030, the latest forecasts predict the animal health market will double, reaching 53 billion euros. This growth will be driven by three major trends: increasing demand for animal meat in connection with changing demographics, increasing demand and diversification in the pet market, and increasing health threats due to the spread of infectious diseases from animals (avian influenza, foot-and-mouth disease, etc.).


The new Boehringer Ingelheim animal health business is now the second largest company in the global animal health market, and is the top provider worldwide of parasiticides and vaccines for both production animals and pets. The combined company is now the global leader in the pets, swine, equine and veterinary public health categories, with a strong position in poultry and cattle.


“We see an important opportunity to capitalize on the evolving trends and critical needs to prevent disease and manage the health of animals worldwide,” added Hasenmaier. “We intend to do so by ensuring a smooth integration of our businesses; extending our leadership in vaccination and parasite control programs, and focusing on pet care solutions. It is our ambition to develop new products and solutions that address unmet customer needs with an industry leading R&D investment up to 10%.”


Pohle further pointed out to that, “Preventive vaccination is one approach to controlling any diseases. The region has applied a lot of advances in this area and our commitment is to support in the investment in a healthier and more robust animal health sector which in return would reflect in stronger communities.”
The combined animal health business will in the future represent more than 25 percent of Boehringer Ingelheim's total revenue and employ more than 10,000 people. Boehringer Ingelheim expects animal health net sales to more than double in 2017 in comparison to the previous year due to the Merial integration.



Posted by : GoDubai Editorial Team
Viewed 14701 times
Posted on : Thursday, April 13, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Next Story : Pet Owners Reminded of Poison Dangers on International Animal Poison Prevention Week 2017
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Time for Some AIGNER Love
RUNWAY DUBAI creates a new buzz campaign for fashion tourism
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo
Achieve whiter teeth at home with Spotlight Teeth White Strips
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment
UAE National Day celebrated in Skyline Carnival 2017
SUC signed MOU with Waldorf Astoria Ras Al Khaimah
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius
SUC conducted Tour Guide Training Program for SCTDA
Calvin Klein Presents Steadfast Collection
Gift gorgeous skin this festive season.
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai
Mohammed bin Rashid Launches UAE Astronaut Programme
Absolutely Rejuvenated Skin to Start the New Year
BOSS watches presents Navigator Collection
Coach Women's Lex Stainless Steel Bracelet Watch Collection
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena ...
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi
Glamazle.com names a Lipstick after Yardstick Marketing as a testimonial to the ...
Step into 2018 with skinade & slow down the signs of ageing
Together for Egyptian Cinema: A Million happy viewers
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Ju...
With the Increasing Trend of Grooming Among Men, Kaya Skin Clinic Launches an Ex...
The First “Dilmah Silver Jubilee Gourmet” in a Middle East Hotel Opens in Pullma...
Lg V30+ Launches in the Uae and Makes Its Way Into Customers' Pockets and Lives
Over 200 developers across India participate in CREDAI's Indian Property Show
SUC Conducted the 10th CEO Lecture Series
Unilever's Lipton Jebel Ali Tea Factory First in MENA to Achieve Bronze World Cl...
Nouveau Lashes & Beauty – The Aftercare Range
Win 3000 Dollars with Splash
Dubai-based teen star Polina Butorina releases her debut album ‘Ocean of Emotions'
Switzerland wins a Good Design Award for the first chronograph-watch in history
Ghantoot present 17th Emirates Open Polo Championship International
Epson to showcases the future of large laser display technology at InfoComm MEA 2017
Al Tayer Motors Celebrates 100 Years of Ford Pick-up Trucks
Automechanika Riyadh turns focus on exciting growth potential of Saudi automotiv...
DIFF Welcomes Robert Bosch Stiftung to the Festival's 14th Edition
Registration Opens for the Fazza Championships for Falconry 2018
SOUQ launches “Amazon Global Store” bringing over a million global products to t...
10 years on Bremont refreshes ALT1-P range
Joyalukkas the World's Favourite Jeweller Now Launches in South Extension, Delhi
Saxo Bank 2018 Outrageous Predictions: 2018 will be a true roller coaster ride c...
Saint Honore presents the distinguished Haussmann for men in an elegant avatar
Green Hope on Former US Vice President Al Gore's 24 Hours of Climate Reality telecast
The du Youth Council Holds a Volunteering Day at Al Ain Zoo with People of Deter...
LG bets high on Premium TV Market with industry leading OLED Technology
Huawei's ultimate gift guide for the 2017 Holiday Season
Indian realty in revival mode, says industry expert
Ring in the New Year with Ramada Plaza Jumeirah Beach in JBR at Fogueira, Speake...