NEWS 20 FEED & ADDITIVE MAGAZINE November 2024 One of the leading pet food manufacturers, Pets Choice Ltd agreed to purchase, from PetLife International Ltd, Otodex, FormulaH, Conficlean2, Welpi & Cimicat brands to strengthen its product portfolio in the premium sector. Pets Choice took over sales as from 1st November, 2024. These brands joined Pets Choice’s family of pet brand offerings, including Webbox, Bob Martin, Felight, TastyBone, Vet’s Kitchen & Hownd. Pets Choice supplies partners in the grocery, independent retail, e-commerce, pet specialty and veterinary sectors with products in a variety of formats. It plans to use this latest acquisition to grow its share of the premium sectors. CEO of Pets Choice, Tony Raeburn, comments: “This is another fantastic acquisition for Pets Choice of five well established brands as we continue our drive into product premiumisation. We look forward to welcoming new customers to Pets Choice as well as being able to offer these brands to our extensive and loyal customer base, helping us to further consolidate our position as a leader in the pet care industry.” “I have known Tony for many years and when we made the decision to sell some brands, enabling us to concentrate and invest in our Vetbed manufacturing division, Tony was our first port of call and Pets Choice are the perfect fit to drive these fantastic brands to the next level,” states James Hancock, CEO of Petlife International. Pets Choice continues to expand and bring in additional head count to meet its business demands, according to the announcement. The addition of new brands and other business growth opportunities, mean that further job opportunities will be made available and shared. Read more>> Pets Choice strengthens premium product portfolio with new acquisitions An independent key global player in fermentation and microorganisms, Lesaffre announced the acquisition of a majority stake in Biorigin, a business unit of Zilor, a multinational company producing yeast derivative products, to enhance the supply of yeast derivatives for savory ingredients. The company claims that the cooperation will improve production processes, logistics and services to the benefit of a global customer base. As a result of the deal, Lesaffre will become the controlling shareholder of Biorigin with 70% of its total corporate capital, while Zilor will remain a shareholder with 30%, according to the company’s statement. The deal includes Biorigin's production unit in Quatá/São Paulo, an industrial plant, based in the attractive country of Brazil where there is abundant sugar, water and renewable energy resources. The aim of this deal is to leverage Lesaffre's and Biorigin's complementary capabilities to enable enhanced yeast derivative and savory ingredient solutions for customers worldwide. The business combination between Lesaffre and Biorigin will offer customers benefits by upgrading production capacity and new solutions based on the production and marketing of naturally derived ingredients for human food and animal nutrition industries. Read more>> Lesaffre acquires majority stake in Biorigin
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