The livestock development strategy focuses on health, commercial feeds, genetics, sustainability, value chains, peacebuilding, and market expansion.
The initiative will seek to expand access to finance for farmers and private investors while mobilising additional private capital for productive investments.
Novonesis has not disclosed an expected closing date.
The factory is equipped with a comprehensive system of modern machinery and equipment, and many production stages are automated.
The acquisition combines 2 family-owned fermentation and enzyme technology companies, adding manufacturing capacity.
African Swine Fever is one of the most destructive viral diseases affecting domestic and wild pigs.
The agreement is also expected to support implementation of the EU-Mercosur Partnership Agreement, which entered provisional application on May 1, 2026.
Valorisation of fruit byproducts is opening greener pathways for poultry and livestock nutrition, helping reduce waste streams while supporting circular farming systems.
The acquisition adds a leading, clinically studied muscle health brand and its patented Fortetropin® ingredient technology to PetIQ.
Ryan Mortvedt says that he brings more than 20 years of experience in swine production, business development, and sales leadership as a proven livestock industry leader.