Ritchie Industries Inc. Acquired by Granite Creek Capital Partners

Feb 20, 2025

Ritchie Industries Inc., which offers a wide range of advanced livestock watering solutions for the beef, dairy, equine and other livestock sectors, was acquired by Granite Creek Capital Partners.

Rob Amundson, CEO of Ritchie commented, “Working with Prairie throughout this process has been an exceptional experience. Their deep industry and ESOP knowledge, attention to detail and strategic insight were invaluable in helping us navigate this important transaction. We are grateful for their guidance and support, which played a key role in bringing us together with Granite Creek and Rural American Fund while positioning Ritchie for continued growth and success, which is especially critical in times of planting and harvesting.”

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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.