Feed additive firm Neovia buys Agranix
Neovia has announced the acquisition of Agranix, a French company that manufactures boluses and premium dietary products for ruminants and horses.
This acquisition will allow Neovia to strengthen its portfolio of products and solutions, consolidate its positions on the speciality nutrition market, and complement its expertise in supporting French farms.
About Agranix
Created in 1999 in the Aquitaine region of south-western France, Agranix employs 12 people and produces nutritional and dietary ranges for animals and, in particular, ruminants and horses. The company has a production site and a warehouse located in the Lot-et-Garonne.
The company has recognised expertise in designing and manufacturing boluses which are compressed mixtures of prepared powders, primarily intended for cattle, that slow the dissolution of trace elements in the rumen. It also specialises in dietetic products for the equine market.
What will the acquisition bring to Agranix
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 organisation as well as gaining access to new commercial networks.
What will Neovia gain from the acquisition
For Neovia it means it can strengthen its range of industrial technologies (cold granulation, bolus), foster synergies in innovation with our Additives & Ingredients business line, and support the growth of the nutritional specialities business line in France and abroad.
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