NEWS FEED & ADDITIVE MAGAZINE May 2023 7 Innovad®, a leading provider of animal nutrition and health solutions, announced that it will acquire all the shares of Herbonis a Swiss-based company and its affiliates, including Wyreside in the UK. The acquisition aims to strengthen Innovad’s portfolio of natural speciality feed ingredients and align with its strategy of expanding into primary ingredients. Herbonis is recognised as a leader in a niche market and Panbonis, a product containing the plant-based source of the metabolic active form of Vitamin D, represents a unique and highly technical product with proven health benefits in poultry, swine and dairy. From its inception, Innovad has been formulating its products with plant-based ingredients and this acquisition will strengthen its position — adding capacity and knowledge to support the growth in its botanicals, nutraceuticals product portfolio. “We view Herbonis as a high quality and recognised leader operating in a niche market. Herbonis has an impressive track record, dedicated team, independent mindset, and outstanding know-how on botanicals. Herbonis Group highly scientific and plant-based proposition matches perfectly with Innovad’s strong strategic commitment to becoming the centre of excellence and knowledge in phytogenic and plant-based products. Natural solutions represent a megatrend in our industry to address sustainability objectives as well as consumer demand, provided that such plant-based alternatives are well-researched, well-documented, cost-effective and with the lowest carbon footprint,” said Ben Letor, CEO of Innovad. Read more>> Innovad to acquire Herbonis for its natural feed ingredients portfolio Cargill’s teams around the world innovate with purpose – to help its customers and partners overcome their biggest challenges and seize their greatest opportunities. In recognition of that drive for innovation, this year the company has won four 2023 Edison Awards™ for three innovations in the food and agriculture category and one innovation in the sustainability category. Galleon™ Broiler Microbiome Intelligence, developed by Cargill for poultry farmers, became one of the gold winning innovations. The Edison Awards™, named after the American inventor Thomas Alva Edison, recognizes some of the most innovative products and business leaders in the world. The prestigious accolades honor excellence in new product and service development, marketing, design and innovation. According to the company statement, Cargill is uniquely positioned to lead the transformation of the food and agriculture system, addressing many of the world’s most pressing needs – from supply chain continuity and climate action to nutrition and food security. Read more>> Cargill wins Prestigious 2023 Edison Awards with Galleon
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