Wind Point Partners and portfolio company, Pestell Nutrition has acquired Premier Ag Resources, a company, founded in 1992 and headquartered in London, Ontario, that operates as a value‐added distributor of specialty pet food ingredients and feed additives across Canada and the U.S.
This acquisition is complementary to Pestell Nutrition which also distributes a portfolio of feed ingredients, additives and related products, as the combination provides the opportunity for both companies to leverage their product offerings and cross-sell their respective customer bases. Furthermore, Premier Ag Resources represents an opportunity for Pestell Nutrition to continue to penetrate the value‐added specialty pet food ingredients and feed additives segments, a key strategic growth area for the company. Post-integration management will focus on optimizing Premier Ag Resources’ offerings and operations in an ongoing effort to establish the combined business as the preeminent distributor of animal nutrition and specialty pet food ingredients across North America.
Jerry Vergeer, Pestell Nutrition CEO, said that “Premier Ag Resources is a great company with a diverse product portfolio and strong customer base across both the specialty pet food ingredient and animal feed additive sectors. When combined with Pestell Nutrition, we further strengthen our product offering to our customers and expand our geographic reach. The management and team at Premier Ag Resources have done an outstanding job of growing this great company over the past 27 years and we look forward to working with them to build on that success.”
Jim Finn and Dave Hensel, Premier Ag Resources’s co-founders, said that “the transition of the company’s ownership to Pestell Nutrition represents a transformative milestone for the business. Pestell Nutrition’s resources and industry expertise will accelerate our trajectory, facilitating long-term, sustainable growth. We are excited about the company’s future as part of Pestell Nutrition.”
This acquisition continues Wind Point’s long history of partnering and working with entrepreneur-owned businesses. This marks the second acquisition for Pestell Nutrition since Wind Point’s original investment in June 2018. In August 2019, Pestell Nutrition acquired Pro Ag products, a leading Canadian distributor of branded feed additive products.
