Ritchie Brothers Buys Kramer Auctions

Nov 16, 2016

Ritchie Bros. Auctioneers has acquired Kramer Auctions to strengthen its presence in the Prairies and grow the scale of its Canadian agricultural business.

Kramer Auctions, headquartered in North Battleford, Sask., operates approximately 75 on-the-farm auctions, four on site auctions and eight livestock auctions each year in Alberta and Saskatchewan.

The family owned and operated company sold more than $60 million of agricultural equipment, real estate and other assets in the last year.

Ritchie Bros., which sells used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries, said it intends to retain the Kramer brand for the immediate future.

Source : CKRM

Video: New Solution Powers Efficient Pork Growth

Alltech has introduced Olerix, an innovative phytogenic blend created to promote growth and feed efficiency in pigs. Through a proprietary coating process, the bioactive blend of phytogenic compounds used in Olerix is designed to outlast the manufacturing process, ensuring consistent outcomes from feed to finish. The result is a high-impact efficiency solution that provides consistent support for gut health, feed efficiency, immune function and growth performance. Olerix is backed by validated trials conducted under modern pork production conditions.

“As the industry searches for technology to drive profitability forward in a more sustainable manner, we’re thrilled to join that effort with our Olerix technology,” said Mark Hulsebus, general manager for U.S. pork at Alltech. “Our work in this phytogenic space is yielding very encouraging results, and we’re excited to make this new opportunity available to pork producers focused on optimizing feed efficiency and growth rates.”

“Olerix represents the next generation of phytogenic technology — combining feed efficiency, livability and immune support into a practical commercial solution producers can implement today,” said Andy Rash, U.S. monogastric director at Alltech.