Generates revenues of more than €200 million, including nearly €150 million in animal nutrition, health and welfare.
Global specialist of natural solutions for agriculture, Olmix Group has acquired Yes Sinergy, a Brazilian biotech company specialized in natural additives for animal nutrition and welfare.
With the acquisition of Yes Sinergy, Olmix Group is pursuing its international development, positioning itself as a major supplier of biosourced solutions for agriculture. The Group now generates revenues of more than €200 million, including nearly €150 million in animal nutrition, health and welfare. The Group will now have a global presence spanning Europe, Asia and Latin America, and the Animal Care Business Unit’s revenues are spread evenly across these three areas.
The consolidation of the two companies is based on their complementary strengths, both geographical and technological, as well as their shared ambition of combining economic performance with the transition to more sustainable farming models. The operation builds on the companies’ shared values focused on a scientific approach to knowledge and the essential role of innovation based on bio sourced materials: seaweed for Olmix and sugar-cane yeast for Yes Sinergy.
Sinergy an innovative biotech company, leader in the Latin American biosourced additives market. Its innovative solutions prevent the adverse effects of mycotoxins, improving digestive comfort, preventing contamination by pathogens and stimulating the immune responses of both livestock and domestic animals while reducing the use of antibiotics.
The combination of Olmix and Yes Sinergy marks a new milestone in the development of Olmix’s Animal Care Business Unit. Through this acquisition, Olmix Group reaffirms its international ambitions and positions itself as a leader of biosourced solutions for animal nutrition, health and welfare.
The acquisition will boost Yes Sinergy’s sales, technical and R&D resources while enabling the company to pursue its growth on the European and Asian markets. At the same time, Olmix’s integration of Yes Sinergy will accelerate its development in Latin America, one of the world’s most dynamic agricultural markets, penetrate the pet care market and complement its range of natural solutions for livestock.
