Antwerp — Innovad®, a leading provider of animal nutrition and health solutions, is pleased to announce that it is acquiring all the shares of Herbonis a Swiss-based company and its affiliates, including Wyreside in the UK.
The acquisition aims to strengthen Innovad’s portfolio of natural speciality feed ingredients and align with its strategy of expanding into primary ingredients. Herbonis is recognised as a leader in a niche market and Panbonis, a product containing the plant-based source of the metabolic active form of Vitamin D, represents a unique and highly technical product with proven health benefits in poultry, swine and dairy.
From its inception, Innovad has been formulating its products with plant based ingredients and this acquisition will strengthen its position — adding capacity and knowledge to support the growth in its botanicals, nutraceuticals product portfolio.