InVivo acquires feed additive company Pancosma
InVivo NSA, an animal nutrition and health leader based in France, recently announced that it has reached an agreement to acquire Pancosma, a Switzerland-based worldwide leader of physiological feed additives
InVivo Animal Nutrition & Health ranks among the world leaders in its sector, with revenues of $1.8 billion and a presence in 19 countries. The rapidly-expanding group is eager to quickly consolidate its position in the fast growing sector of specialty additives, the announcement said.
Pancosma was founded in 1947 and has, for more than 65 years, been developing, manufacturing and distributing innovative feed additives worldwide. It is active in a range of seven different product lines such as flavouring and sweetening palatants, bioactives, organic trace minerals, vegetable-based charcoals, acidifiers blends and TakTik's. The company offers transversal tailor-made solutions for specific needs.
Pancosma owns manufacturing plants in five different countries: France, Switzerland, Canada, Poland and China. Each one is specialised in the manufacturing of one or several product ranges, ensuring a high level of manufacturing process know-how and better risk control.
Financial details were not disclosed at this time. Subject to customary conditions, the transaction is expected to close before the end of the year.
The Invivo Animal Nutrition & Health Group operates five main businesses: complete feeds, premixes, additives, analysis laboratories and animal health. It employs 5,500 people in 19 countries and 65 production sites.
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