Electra Private Equity PLC successfully realized part of its investment in Allflex Corporation, receiving €72 million while retaining significant equity in a leading animal monitoring technology company.

Target Information

Allflex Corporation is recognized as the global leader in animal intelligence and monitoring technologies, catering to livestock, pets, fish, and various other species. The company specializes in designing, producing, and distributing a diverse range of products, including radio-frequency identification (RFID) and visual ear tags, tissue sampling devices, RFID implants, monitoring devices, milk meters, and various farm management tools. With a presence in over 60 countries, Allflex employs more than 1,700 professionals worldwide.

Electra Private Equity PLC originally invested in Allflex in 1998. Over the years, Electra has strategically managed its stake, subsequently selling part of its investment in 2013 and reinvesting in 2013 and 2015 to support the company’s growth initiatives.

Industry Overview in the Target’s Country

The animal monitoring technology industry is experiencing significant growth, driven by increasing global demand for food security and animal welfare. This