Acquisition Will Strengthen Novus’s Portfolio in the Livestock Feed Industry and Expand Global Reach
St. Louis, Mo., February 9, 2010 - Novus International, Inc. announced today they have completed the acquisition of the Animal Nutrition Division of Albion Laboratories Inc, a company based in Clearfield, UT. Terms of the deal were not disclosed.
Products from the acquisition, including the MAAC (R) chelated trace mineral product line, will align with Novus’s MINTREX® and GLYTREX® chelated trace mineral products and further expand Novus's mineral technology. This acquisition will enable Novus to offer a broader range of products to address the needs of different customers in different parts of the world to support their livestock operations.
Since its establishment in 1956, Albion has been an innovator in mineral chelate nutrition. Albion manufactures highly bioavailable, research based, nutritional chelated trace mineral forms and has a long-standing customer base in both the beef and dairy markets.
Geographically, Albion is primarily present in the animal organic trace mineral industry in the U.S., Europe, Canada, the Middle East and Japan. The combined geographic and market presence will provide Novus the opportunity to offer new customers a wider range of health and nutritional products, programs and solutions.
“We are very excited to support our customers by expanding and incorporating these high quality products into our portfolio,” explained Giovanni Gasperoni, Executive Vice President, Sales and Marketing, Novus International. “Specifically, the Albion product offering will increase the breath and reach of our MINTREX® and GLYTREX® chelated trace mineral technologies.”
Novus's current products include amino acids, chelated trace minerals, feed preservatives, and other nutrition and health products for the animal agriculture, companion animal, human and industrial markets. Key areas of focus include helping customers increase the supply of animal protein to meet global demands, sustainable agriculture practices, use of local by-products, food safety, animal welfare, and animal health and nutrition.
About Novus International, Inc.
Novus International, Inc. is headquartered in metro St. Louis, Missouri, U.S.A. and serves customers in more than 90 countries around the world. An industry leader in animal nutrition and health, Novus’s products include ALIMET® and MHA® feed supplements, ACTIVATE® nutritional feed acid, ACIDOMIX® preservative premixture, ADVENT® coccidiosis control, MINTREX® organic trace minerals, SANTOQUIN® feed preservative, MERA MET aquaculture feed additive, AGRADO® feed ingredient and many other specialty ingredients. Arenus (www.arenus.com) is a division of Novus Nutrition Brands, LLC (a subsidiary of Novus International, Inc.), that focuses on developing health and dietary supplements for the equine and companion animal markets.
Novus is privately owned by Mitsui & Co. (U.S.A.), Inc. and Nippon Soda Co., Ltd. For more information visit www.novusint.com.
® ALIMET is a trademark of Novus International, Inc., and is registered in the United States and other countries.
® MHA is a trademark of Novus International, Inc., and is registered in the United States and other countries.
® ACTIVATE is a trademark of Novus International, Inc., and is registered in the United States and other countries.
® ACIDOMIX is a trademark of Novus Deutschland GmbH and is registered in Germany and other countries.
® ADVENT is a trademark of Viridus Animal Health, LLC, and is registered in the United States and other countries.
® MINTREX is a trademark of Novus International, Inc., and is registered in the United States and other countries.
® SANTOQUIN is a trademark of Novus International, Inc., and is registered in the United States and other countries
™MERA is a trademark of Novus International, Inc.
® AGRADO is a trademark if Novus International, Inc., and is registered in the United States and other countries.
®ARENUS is a trademark of Novus Nutrition Brands, LLC.
Public Relations Manager
Novus International, Inc.
20 Research Park Drive
St. Charles, MO 63304