AB Agri has acquired Greencoat Limited, the animal supplement
and care business including the NAF, NutriLabs, Natural VetCare and Greencoat
AB Agri announced that it has acquired Greencoat Limited. Greencoat’s products are known in the UK and EU, including the flagship NAF Five Star brand, equine supplement. NAF Five Star is the UK’s branded market leader and it sponsors and supplies supplements to the British Equestrian Teams. The NutriLabs brand is the nutraceutical market leader in the veterinary channel in Austria, Germany and Switzerland.
Commenting on the announcement, AB Agri CEO José Nobre said: “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 said: “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 added: “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.”