PR87777

VISBEK, Germany, Feb. 1, 2021 /PRNewswire=KYODO JBN/ --

EW Nutrition, a global provider of animal nutrition solutions, announced today

that it has acquired 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(R) feed preservative,

SURF-ACE(R) feed mill processing aid, and Agrado(R) feed ingredient. 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 transform the

company into the industry's leading provider in animal health through nutrition

solutions by focusing its resources on core platforms and emerging

technologies.

"We are pleased to have found a committed owner for these platforms so that

they may continue bringing value to the industry," said 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."

The transaction was closed on February 1, 2021. A robust services agreement

between the companies is governing critical activities to ensure customers are

supported through the transition.

The financial details of the sale are confidential.

About EW Nutrition

EW Nutrition is a global animal nutrition company that offers integrators, feed

producers, and self-mixing farmers comprehensive, customer-focused solutions

for gut health management, antibiotic reduction, young animal nutrition, toxin

risk management and more. www.ew-nutrition.com

About Novus International

Novus International, Inc. is a leader in scientifically developing,

manufacturing and commercializing animal health and nutrition solutions for the

agriculture industry. Novus's portfolio includes ALIMET(R) and MHA(R) feed

supplements, MINTREX(R) chelated trace minerals, CIBENZA(R) enzyme feed

additives, NEXT ENHANCE(R) feed additive, ACTIVATE(R) nutritional feed acid,

and other specialty ingredients. Novus is privately owned by Mitsui & Co., Ltd.

and Nippon Soda Co., Ltd. Headquartered in Saint Charles, Missouri, U.S.A.,

Novus serves customers around the world. www.novusint.com.  

Contacts

Novus International, Inc.:

Elizabeth Davis

Elizabeth.Davis@NovusInt.com

EW Nutrition GmbH:

Pia Becker

Pia.Becker@ew-nutrition.com    

+49 4445 9868 174      

Source: EW Nutrition GmbH