Company is Pestell’s first US-based acquisition
Pestell Nutrition (PN) has acquired Origination O2D, a Maplewood, Minnesota-based value‐added distributor of animal feed ingredients and branded proprietary feed products across the Midwest and broader U.S.
The acquisition of O2D is highly strategic for PN, supporting numerous facets of the company’s value creation and growth plan. O2D represents PN’s first U.S.-based acquisition and therefore an important step for the company to pursue growth opportunities in the world’s largest animal feed market. In addition, O2D offers significant logistical advantages, with distribution capabilities across rail, river and truck, creating opportunities to augment PN’s supply chain and improve its cost basis. O2D also augments PN’s existing product portfolio by adding branded proprietary products with actionable opportunities for continued customer penetration, cross sales, and international distribution.
“O2D is a perfect fit with Pestell Nutrition,” said Jerry Vergeer, Pestell Nutrition CEO. “The acquisition helps us continue our strategic vision of building the leading provider of animal nutrition solutions and products across the U.S. and Canada. We believe O2D is poised for continued growth and look forward to partnering with the O2D team to further expand our combined business.”
“We look forward to the combination of Pestell Nutrition and O2D as this transaction unlocks numerous opportunities to grow the platform and better serve our combined customer base,” said John Fallin, O2D’s CEO. “We believe Pestell Nutrition is the right fit for O2D and the formation of this partnership represents a meaningful step forward for the business and our entire team as we enter the next phase of growth.”