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Lawrence is to acquire the remaining 50% stake in ECO Animal Health, the supplier of veterinary pharmaceutical products, for an initial £8m.

Lawrence, the supplier of pharmaceutical products for the animal health and farming markets, is to sell its Interpet pet products division to Central Garden & Pet Company of the US in a £16m deal.

Lawrence is to acquire Ringpress Publishing, the pet books publisher, for up to £3.4m, and the enlarged publishing division may be sold off at a later date in order to focus on animal health care and feed additives.