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Anpario adds to offering

The animal feeds supplier buys more exposure to emerging markets
March 30, 2012

Animal feeds specialist Anpario – formerly Kiotech International – has acquired Meriden Animal Health for up to £4.12m, a move which expands its presence in emerging markets and should boost earnings per share in its first year since completion.

IC TIP: Buy at 83.5p

In 2011, Meriden reported revenues of £5.35m and profits of £740,000.