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Oct. 1, 2024 Source: Anpario news release Worksop, United Kingdom -- Anpario Inc., a wholly owned subsidiary of Anpario PLC, the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, has completed the acquisition of Bio-Vet Inc. Bio-Vet was incorporated in 1996, and is based in Barneveld, Wisconsin, United States. As a producer of animal health and nutrition products combining the latest research and real-world experience, Bio-Vet strives to deliver innovative solutions to farmers. Predominantly supplying the U.S. dairy market, Bio-Vet's solutions focus on supporting the animal's natural body systems to improve health and profitability for the farmer, a standard which fully aligns with Anpario's own vision and value proposition. Bio-Vet achieved sales of US$8.2 million for the year ending December 31, 2023, and becomes a wholly owned subsidiary with its 30+ employees, customers and suppliers welcomed into Anpario. Regarding the merger of the two companies, Dr. Nate Haas, president of Bio-Vet, sees great potential to cooperatively impact the food animal sector. "We are excited for the opportunity to unite our team with a company that shares our values, culture and innovative outlook to help provide solutions to optimize animal performance," he said. "Anpario represents the ideal partner with which to join forces to capitalize on our 30-plus-year history of excellence in agricultural technology. We look forward to what's in store as Bio-Vet and Anpario grow together into the future." Bio-Vet's development of Capsule-In-A-Capsule, a unique delivery system for direct-fed microbials and nutritional combination products, established the company as a pioneer in the animal health industry. Its product range has since expanded to include capsules, boluses, pastes, soluble powders, electrolytes and daily fed additives. Bio-Vet's direct-fed microbials account for approximately half of sales and are complementary with Anpario's existing product range. Anpario is known for delivering value-added solutions that offer improved profitability and performance for its customers through leading product brands such as Orego-Stim, Optomega and Anpro. Orego-Stim uses a unique single source of high-quality 100% natural oregano oil to improve livestock and aquaculture performance and support health. Endorsed by producers worldwide, it has proven efficacy, positively affecting nutrient digestibility and performance while supporting resiliency in livestock. Speaking about the acquisition, Anpario CEO Richard Edwards said: "This presents a phenomenal opportunity for Anpario. We have already identified strong synergies across the brands most notably in our approach and vision to develop strong cost effective, high-quality solutions, which work in harmony with the animal's natural biology, and both seek to add value for our customers. This will continue and the union will hugely benefit our employees and our customers as we find new opportunities for growth. The collective strengths of the two business will make a powerful combination, and both Bio Vet and Anpario will be ideally placed to help progressive farmers." The acquisition combines Anpario's global network and expertise in natural feed additive technologies with Bio-Vet's pioneering knowledge of direct-fed microbial solutions and market experience in the ruminant sector within the U.S. Both teams include nutrition, veterinarian and animal production professionals, seeking to further advance existing solutions through a combination of research and industry-led initiatives. Bio-Vet's production facility in Wisconsin will provide Anpario with the ideal platform from which to drive its ambitions in the Americas region. The plant production capability and focus on high-quality standards complement Anpario's own Manton Wood, U.K., operation and both facilities are very much part of Anpario's strategic plans going forward. Consumer preferences for natural food production and consumption of animal-based products are growing. In addition, global sustainability trends are creating the need for higher farm productivity, reduced emissions and a shift away from antibiotic growth promoters and other outmoded technologies used in feed. The combined portfolio of specialized feed additives including phytogenics and direct-fed microbials ensures Anpario is strongly positioned to help customers adapt and to deliver improved animal productivity. After what has been an extensive and successful period of evaluation of each other's technologies, Anpario and Bio-Vet will now use their united skill set to deliver scientifically driven, sustainable solutions that focus on animal health, feed efficiency and performance. Tweet |
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