Neovia acquired the French animal feed producer Agranix. This acquisition will enable Neovia to strengthen its portfolio of products and solutions, consolidate its positions on the specialty nutrition market, and complement its expertise in supporting French farms.
Neovia, a French complete feed manufacturer, has announced the acquisition of Agranix, a French company that manufactures boluses and premium dietary products for ruminants and horses. This acquisition will enable Neovia to strengthen its portfolio of products and solutions, consolidate its positions on the specialty nutrition market, and complement its expertise in supporting French farms. This acquisition will give Agranix a new dimension as it will benefit from Neovia’s size and key expertise in purchasing raw materials and industrial organization as well as gaining access to new commercial networks.
Neovia wishes to play its role in defending the competitiveness of French livestock farmers and feed manufacturers. The acquisition of Agranix concretely illustrates this intention. It will allow Neovia to offer an expanded portfolio of products and solutions in the high-value-added field of nutritional specialties. This field complements the company’s premix and mineral offerings, where the company has had a strong leadership position for several years, and usefully combines itself with Neovia’s premium offerings in additives and animal health. “The integration into Neovia will help Agranix accelerate its growth, strengthen its expertise, improve the competitiveness of its solutions, and increase its market potential,” said Denis Savy, CEO of Agranix.