Feb 01, 2021

EW Nutrition Buys Feed Quality, Pigment Segment from Novus

Under terms, EW Nutrition now owns Santoquin®, SURF●ACE® and feed ingredient Agrado® brands

source: EW Nutrition

EW Nutrition has completed the acquisition of the Feed Quality and Pigments business from Novus International, Inc.

Under the terms of the agreement, EW Nutrition becomes the owner of world-renowned brands such as Santoquin® feed preservative, SURF●ACE®, a feed mill processing aid, and feed ingredient Agrado®. The acquisition also gives EW Nutrition ownership of a state-of-the-art production facility in Constantí, Spain.

“This transaction will bring additional value to our customers, further reinforcing EW Nutrition’s global market position, and increasing its product portfolio and geographical reach,” says Michael Gerrits, managing director of EW Nutrition. “The products acquired will further support EW Nutrition’s mission to mitigate the impact of antimicrobial resistance by providing comprehensive animal nutrition solutions.”

Dan Meagher, president and CEO of Novus International, Inc., explained that the sale is part of Novus’s Project Destiny, a multi-year plan to focus the company’s resources on core platforms and emerging technologies, with a focus on gut health.

“We are pleased to have found a committed owner for these platforms so that they may continue bringing value to the industry,” says Meagher. “This event is a significant milestone in our Project Destiny journey. Now that our Feed Quality and Pigments platforms are in good hands with EW Nutrition, we are excited to focus our energies on developing new, innovative technologies into meaningful nutrition solutions for our customers.”

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Marketwatch: Feb, 01

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