International producer of animal feed and additives, Novus International, has acquired the Spain and Mexico-based IQF Group
IQF Group produces a range of feed additives to improve egg colour and nutrition as well as the quality of meat across the poultry, pork, beef and aquaculture markets.
Novus produces a range of feed products for the poultrymeat and egg industry as well as across a variety of other markets including pork, beef and aquaculture.
“We are very excited about this acquisition as it will take Novus into a world leadership position in natural pigments as well as to new geographical segments that will benefit our customers and our industry,” said Novus international’s executive vice-president of marketing and sales, Giovanni Gasperoni.
“These products are very high quality and they are a natural extension of our existing product portfolio.”
This is the second acquisition for Novus in the past six months – it bought the animal nutrition division of US-based Albion Laboratories Inc in December 2009, expanding the company’s services for the beef and dairy industry.
In March, Novus announced the opening of a human nutrition division, Stratum Nutrition.