acquisition

UBM is constructing a network of facilities spanning multiple regions to reduce Kazakhstan’s reliance on feed imports

This acquisition will establish a new frozen logistics hub to enhance distribution across Europe.

The acquisition reflects broader industry movement toward integrated dairy production systems that combine feed, nutrition and animal health tools to improve long-term herd performance.

The transition is part of a structured succession plan, with some responsibilities shifting from David Faith, who currently holds the dual roles of president and chairman of the board.

Aniruddha Rajurkar succeeds Dr Arun Atrey as CEO, with Dr Atrey staying on as MD and Board Member to guide growth and mentor Rajurkar.

The acquisition will not result in job losses, with Martin & Martin continuing operations at its current facilities to ensure employee stability.

The transaction is expected to close in the coming weeks, subject to customary conditions.