IK Investment Partners to acquire Innovad Group.

Private equity firm IK Investment Partners agreed to acquire Innovad Group, a global supplier of animal health and nutrition solutions. Financial terms were not disclosed. "Innovad has an impressive track record, with plenty of runway for future growth, both organically and through selected add-on opportunities. The market for sophisticated animal health products has never been stronger, and we are excited to support the new team under Ben to further develop the platform of opportunity," Remko Hilhorst, IK Managing Partner.