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AB Agri completed the acquisition of Greencoat for $51m.

Synopsis

AB Agri, a company manufactures animal feed, nutrition and technology-based products and offers data services for the agri-food industry, completed the acquisition of Greencoat, an animal supplement and care company, for $51m. “The acquisition of Greencoat is a key step in our strategic goal to expand our international animal nutrition and technology business into new and exciting areas. The animal supplements market is growing fast and Greencoat will bring its experience and expertise in direct-to-consumer sales and marketing, complementing our own deep understanding of the nutrition and care of horses and enabling us to develop our position in animal supplements,” José Nobre, AB Agri CEO.

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