Sept 3 (Reuters) - Apiam Animal Health Ltd AHX.AX :
* ANNOUNCES ACQUISITION OF SPECIALIST PRODUCTION ANIMAL SERVICES PROVIDER, ACE LABORATORY SERVICES
* AGREED TO BUY 100% OF ISSUED SHARES OF ACE LABORATORY SERVICES FOR TOTAL CONSIDERATION OF $16 MILLION
* EPS ACCRETIVE FOR APIAM SHAREHOLDERS IN FIRST FULL YEAR OF OWNERSHIP
* CO EXPECTS NO CHANGES TO PERSONNEL STRUCTURE OF ACE LABORATORY SERVICES