Acquisition marks Alltech’s 14th since 2011
By Diego Flammini
Assistant Editor, North American Content
Farms.com
Alltech, an American producer of animal nutrition and feed supplements, has acquired Keenan Systems, Ireland’s leading farming solutions manufacturer.
Dr. Pearse Lyons, founder and president of Alltech, sees the acquisition as a way to better serve the farming community.
“Between Alltech’s primacy in science and Keenan’s manufacturing strength and technological know-how, we have a winning combination for delivering greater farm efficiency and profitability to our farming customers,” he said in a release.
Keenan manufactures mixers that range in ability to feed from 75 to 190 dairy cows per load and the addition of Alltech’s products to the mixers could mean positive results for farmers.
“Alltech and Keenan have identified possible growth opportunities together, which may include nutritional technologies and feeding programs focused on feed efficiency and herd health as well as advanced ration formulation,” reads the press release announcing the acquisition.
Keenan currently employs about 200 people, 176 of which are in Ireland. According to The Irish Times, a spokeswoman for Alltech said the company will take the next 100 days to look at ways to grow the business and didn’t want to make any comments on jobs.
Details of the acquisition were not disclosed.
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