Healthcare & Manufacturing
VedaCorp advises Quadragen, a leading animal nutrition company on its strategic divestment to JK Paper
About
Quadragen
Quadragen Vethealth Private Limited, incorporated in 2010 and is located in Bengaluru. It is a full-stack animal nutrition company in India with end-to-end manufacturing capabilities. It exports to 35+ countries across LATAM, Africa and South-East Asia and to marquee customers in India.
JK Paper
JK Paper Ltd. is the market leader in Branded Copier Paper in India and amongst the top producers of Coated Paper and Packaging Products in the Country. The Company is consistently following a policy of focusing on value added products like Copier, Bond, Security, Coated Papers, Virgin Fiber Packaging Boards, High-end Maplitho, Food Grade Papers, Boards, Corrugated Boxes, Mono Cartons and Labels and also entering into animal health and specialty chemical segments.
Background
We are pleased to announce that our client Quadragen VetHealth Private Limited (“Quadragen”), has divested 65% stake to JK Paper Limited (“JK Paper”). The quadragen promoters will continue to run the business and grow the animal health franchise globally.
Quadragen, incorporated in 2010 and headquartered in Bengaluru, is engaged in the business of manufacturing and marketing of animal health and nutrition products including feed additives and growth promoters. It is an export-oriented company and a category leader for Halquinol, a non-antibiotic growth promoter product.
This partnership enables JK Paper to diversify presence and enter the rapidly growing animal health industry.
Veda Corporate Advisors (“VedaCorp”) was the exclusive financial advisor to the Company and its promoters. VedaCorp provided comprehensive transaction advisory services covering identification of prospective investors, strategic positioning including deal structuring, negotiation of key commercial terms, leading to the successful closure of the transaction.
This marks VedaCorp’s 2nd transaction in the last 6 months in the animal health space and 59th transaction overall in healthcare and life sciences space.
“It was a great pleasure and honour to have successfully completed the planned divestment of Quadragen. VedaCorp’s unwavering support and dedication made the process seamless and we truly appreciate it. We will proudly recommend Vedacorp’s expertise within our business network, as all shareholders including every minority shareholder is grateful for your help”
Gopalaswamy, Lakshmikanth Yadav, Dr Rajeevalochan
Promoters, Quadragen
“Quadragen’s promoters have built a strong business in a niche segment, showcasing consistent growth across markets. We are confident that this partnership aligns well with the company’s growth plans & culture . Partnership with a larger group like JK will enable the Company to penetrate global markets and also provides increased opportunities for employees”
Abinandan T S
Managing Director, VedaCorp