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Alltech expanding European operations

Global animal health and nutrition leader Alltech is actively expanding its European operations with the acquisition of Produs AS and Produs Aqua AS, both of which have extensive experience in the Norwegian agriculture and aqua industries.
July 8, 2015

Global animal health and nutrition leader Alltech is actively expanding its European operations with the acquisition of Produs AS and Produs Aqua AS, both of which have extensive experience in the Norwegian agriculture and aqua industries.

The combined strengths of the companies will deliver the latest nutritional technologies to Norwegian producers, enabling them to become more efficient, sustainable and profitable. In addition, Produs will continue its local approach to meeting the needs of this growing market.

“We are taking this positive step into the future with Alltech because we believe their global resources, technology and innovative approach to both agriculture and aquaculture will strengthen the operations and profitability of our Norwegian customers,” said Magne Kolstad, chief financial officer, Produs and Produs Aqua.

Over the past 35 years, Alltech has been a reliable and trusted partner to Produs, making the new step into the future together a natural progression for the two family-owned businesses.

“Although our business operates in 128 countries, Norway holds a very special place for Alltech and for me personally. Norway reminds me a lot of Ireland in terms of its scenic landscape and its agricultural focus,” said Dr. Pearse Lyons, president and founder of Alltech.

“We have worked with the Ravnøy and Loe families since the early 2000s, and we’re delighted now to officially welcome them into the Alltech family. We have complementary strengths that we can deliver to Norwegian producers, both on land and at sea, supporting their endeavours to nourish the world more efficiently, profitably and sustainably.”