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Innovad Group acquires Brazilian feed additive supplier Oligo Basics

The move reinforces Innovad Group’s presence in Brazil and synergizes the extensive product portfolios of both entities.

Merger Acquisition
svetlana hadayeva | Bigstock.com

Innovad Group has acquired Oligo Basics, a player in Brazil’s nutritional feed additives market. This strategic move not only reinforces Innovad Group’s presence in Brazil but also synergizes the extensive product portfolios of both entities.

By combining Innovad Group’s diverse offerings with Oligo Basics’ local expertise, the partnership aims to deliver unparalleled natural solutions tailored to the evolving needs of customers.

“This acquisition underscores our commitment to innovation and sustainable growth, aligning with our recent strategic expansion efforts into primary/natural ingredients, including the acquisition of Herbonis,” said Ben Letor, CEO of Innovad Group. “With Oligo Basics’ local team and local manufacturing unit, we are dedicated to establishing a robust foothold in Brazil and nurturing long-term partnerships locally.”

Marlene Schmidt, technical and commercial manager at Solene Brazil of the Innovad Group, highlighted the collaborative approach

“Joining forces with Innovad Group not only amplifies our product reach but also unlocks new market opportunities,” she said. “We are excited to leverage synergies and offer enhanced solutions to our customers. Our goal is to drive growth and add value in the Brazilian market. The integration with Oligo Basics strengthens our market position and reinforces our commitment to diversity, innovation and customer satisfaction. Oligo Basics’ local team has built strong relationships with key players in the Brazilian market. This allows us to leverage our combined strengths to offer comprehensive solutions to our customers.”

The acquisition of Oligo Basics underscores Innovad Group’s commitment to delivering value, driving innovation and fostering strong partnerships in Brazil, the Americas and beyond. While also aligning with the group’s broader strategy of offering sustainable and effective solutions to the animal production industry.

“As the group continues to expand its presence and offerings, customers can expect even greater opportunities for collaboration, both locally in Brazil, Latin America and worldwide,” said Jeroen De Gussem, business development director global at the Innovad Group.

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