BC Partners’ Allflex acquires livestock monitoring company

The UK-based firm's portfolio company paid $250m for Israel-headquartered SCR

The Allflex Group, a livestock identification and tracking technology company owned by a BC Partners private equity fund, is set to acquire SCR, a dairy livestock monitoring company, for $250 million.

Allflex is owned by BC European Capital Fund IX, a buyout fund which closed on $6.68 billion in 2011. It acquired Allflex in 2013.

It is the only agri-related company in the fund’s portfolio although previous BC Partners funds have had exposure to agri. In 1994 a BC fund acquired Nutreco, the fish and animal feed company that was listed in 1997 and is now the subject of a bidding war to take it private; Cargill is understood to be considering a sole bid for the company after its joint bid with private equity firm Permira was rejected.

The firm’s funds have also owned Devro, a collagen sausage casings company, and Aviagen, a poultry company.

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