Biomar Limited agreed to acquire remaining 50% shares in Alitec Pargua S.A. for $17 million on March 14, 2019. Biomar will own 100% of Alitec post completion. The deal is subject to approval of antitrust authorities. As on June 5, 2019, the transaction was approved by the Chilean competition authorities. Biomar Limited completed the acquisition of remaining 50% shares in Alitec Pargua S.A. on June 7, 2019.