AB Agri has acquired Greencoat Limited, the animal supplement and care business including the NAF, NutriLabs, Natural VetCare and Greencoat Farm brands.
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Image credit: stevenW. on Flickr (CC BY-SA 2.0) |
Commenting on the announcement, AB Agri CEO José Nobre says, 'The acquisition of Greencoat is a key step in our strategic goal to expand our international animal nutrition and technology business into new and exciting areas. The animal supplements market is growing fast and Greencoat will bring its experience and expertise in direct-to-consumer sales and marketing, complementing our own deep understanding of the nutrition and care of horses and enabling us to develop our position in animal supplements.'
AB Agri's longer-term goal is to create a multi-species portfolio of products for the international supplement markets, built upon AB Agri's wider technical expertise and innovation capabilities.
Greencoat will continue to operate on a standalone basis and will sell its products directly through its own existing network of specialist retailers and online channels.
NAF Founder Richard Cleeve says, 'I am delighted that AB Agri has acquired our business. We were impressed with their commitment to the production of quality products and their passion for innovation. AB Agri will invest in manufacturing, brands and people and their vision is to make these brands the most prominent in the world.'
José Nobre adds, 'We are really pleased to be welcoming such a distinguished and successful business into the AB Agri family and look forward to working with the team as we grow our business in this exciting direction.'
For more information about AB Agri visit the website, HERE.
The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
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