GLOBAL animal health and nutrition company Alltech has bought South Australian premix manufacturer and feed ingredient supplier Lienert Australia.
The acquisition follows a close business partnership developed over the past 20 years.
Alltech bought 100 per cent of the shares in 40 year old company from the Lienert family. Both Lienert Australia and Alltech are family-owned businesses.
For more than four decades, Lienert Australia has manufactured, distributed and supplied ingredients, supplements and nutritional advice from its Roseworthy base to the livestock and feedstock industries within Australia, New Zealand and the Philippines. Their clients range from small family farms to integrated operations and commercial feed mills.
Alltech president and founder Dr Pearse Lyons said the two companies shared a common vision.
Both supported the work of farmers as they endeavoured to produce food more efficiently to supply an ever-increasing demand for safety, quality and quantity, and affordability.
"Australia's influence on the food chain extends far beyond its geographical borders, and the acquisition of Lienert Australia underscores Alltech's long-term commitment to strong, sustainable agriculture as well as food quality and safety within the entire Asia-Pacific region," Dr Pearse said.
Lienert manufactures, distributes and supplies ingredients, supplements and nutritional advice to the livestock and feedstock industries within Australia, New Zealand and the Philippines.
Alltech was founded by Dr Pearse Lyons in 1980 and is headquartered in Kentucky, US. The company has achieved $1 billion in sales and is on target to achieve $4 billion by 2016.
Dr Lyons said the $4 billion target was driven by an "on-farm" strategy.
As part of that strategy Alltech is offering free on-farm assessments of livestock feeding systems for primary producers throughout eastern Australia.