Sygen shareholders warm to Genus

A bid from bovine genetics firm Genus to take over pig and shrimp breeder Sygen International has received an overwhelming endorsement from Sygen shareholders.


As of 25 November, 87% had either sold or committed to sell their shares to Genus for 63.2p each.


Barring an unlikely last-minute hiccup the required 90% will have agreed to the deal, which values Sygen at about 187m, by the closing date of midnight Thursday, 1 December.


Once the 90% barrier has been reached, Genus can buy the balance of Sygen’s stock compulsorily.



  • Interim figures for Genus show a 6% increase in pre-tax profits before exceptional items to 4.3m for the six months ending 30 September. Turnover increased by the same amount to 96.7m.

Almost 47% of Genus’s turnover came from bovine genetics, while animal health provided 40% and development consulting contributed 13.4%.

Transition Live

Find out more and get tickets

Are you, like many other farms, missing out on tax claims for R&D?

If you’re a limited company, you could be eligible for tax credits if you’re carrying out R&D on your farm. For more information and to find out if you’re eligible visit our R&D tax credits page.

Find out more