ANIMAL health and nutrition company Alltech has bought Keenan (click here for more information), a leading Irish farm machinery manufacturer.
Alltech founder and president Pearse Lyons said the acquisition of Keenan was the story of two great Irish, globally-minded companies coming together.
“As an Irishman, I am delighted to welcome Keenan to our family, because together we can deliver greater value to our global farming customers with a wider variety of technological solutions,” Dr Lyons said.
“Between Alltech’s primacy in science and Keenan’s manufacturing strength and technological know-how, we have a winning combination for delivering greater farm efficiency and profitability direct to our farming customers.”
Alltech and Keenan have identified possible growth opportunities together, which may include nutritional technologies and feeding programs focused on feedefficiency and herd health as well as advanced ration formulation.
Alltech chief executive officer Alric Blake said it was an exciting time for Keenan to be joining Alltech.
“Alltech is looking for avenues to better deliver the Alltech brand to farmers and provide nutritional solutions to those who directly benefit from their use, whether in animal or crop production,” Mr Blake said.
“Science and technology are at the forefront of everything we do. This new journey with Keenan further strengthens our ability to deliver on-farm nutrition solutions.”
Keenan will continue to be headquartered in Borris, County Carlow, Ireland. Together, Alltech and Keenan employ nearly 300 people in Ireland and close to 5000 globally.
It is the 14th acquisition for Alltech globally since 2011. One of those acquisitions was South Australian-headquartered feed company Lienert Australia, which Alltech bought in 2014.