Olmix Group, a world specialist of pure options for agriculture, has acquired Sure Sinergy, a Brazilian biotech firm specialised in pure components for animal vitamin and welfare, efficient July 11.
With the acquisition of Sure Sinergy, Olmix Group is pursuing its worldwide growth, positioning itself as a significant provider of biosourced options for agriculture. The group now generates revenues of extra than EUR200 million (US$219.9 million), together with almost €150 million in animal vitamin, well being and welfare.
The consolidation of the 2 corporations is predicated on their complementary strengths, each geographical and technological, in addition to their shared ambition of mixing financial efficiency with the transition to extra sustainable farming fashions. The operation builds on the businesses’ shared values targeted on a scientific strategy to data and the important function of innovation primarily based on biosourced supplies: seaweed for Olmix and sugarcane yeast for Sure Sinergy.
Based in 2008, Sure Sinergy attracts on greater than 15 years of R&D geared toward including worth to byproducts of the sugarcane business. As a results of all this work carried out in shut cooperation with Brazilian universities and world-class researchers, the group is now acknowledged as a specialist within the choice and manufacturing of high-value derivatives of pure extracts.
Due to this distinctive experience, Sure Sinergy develops modern options for stopping the opposed results of mycotoxins, bettering digestive consolation, stopping contamination by pathogens and stimulating the immune responses of livestock and home animals whereas decreasing using antibiotics.
Ranked among the many leaders of the South American biosourced components market, Sure Sinergy generates revenues of greater than €40 million. The firm has 300 staff unfold throughout two industrial crops and amongst its gross sales and R&D groups. Sure Sinergy is headquartered in Campinas close to Sao Paulo and operates two cutting-edge manufacturing crops in Bora and Lucelia, that are each situated within the state of Sao Paulo, the world’s major sugarcane manufacturing area.
Important shared progress alternatives
The mix of Olmix and Sure Sinergy marks a brand new milestone within the growth of Olmix’s Animal Care Enterprise Unit. Via this acquisition, Olmix Group reaffirms its worldwide ambitions and positions itself as a frontrunner of biosourced options for animal vitamin, well being and welfare.
The acquisition will increase Sure Sinergy’s gross sales, technical, and analysis and growth assets whereas enabling the corporate to pursue its progress on the European and Asian markets. On the identical time, Olmix’s integration of Sure Sinergy will speed up its growth in Latin America, one of many world’s most dynamic agricultural markets, penetrate the pet care market and complement its vary of pure options for livestock.
Robert Clapham, Olmix Group CEO, stated: “The acquisition of biotech firm Sure Sinergy is totally in keeping with the Animal Care Enterprise Unit’s progress plans. I’m satisfied that beneath the management of Mickael Rouault, who not too long ago arrived on the head of this enterprise, the 2 groups’ mixed experience and abilities will stimulate innovation and the expansion of our biosourced options. The Group now has a world presence spanning Europe, Asia and Latin America, and the Animal Care Enterprise Unit’s revenues are unfold evenly throughout these three areas.”
