MARKET ANALYSIS

ALLTECH, DLG JOINT VENTURE FOCUSES ON SCANDINAVIAN MARKET

Alltech and DLG Group are joining forces for a second time, with a focus on delivering greater profitability and efficiency to livestock producers in Scandinavia. Alltech and DLG are finalizing the purchase of Finnish company Kärki-Agri, a joint venture that will strengthen their delivery of innovative, field-proven animal nutrition. The companies will each hold a 50% share in the Kärki-Agri joint venture, located in Seinäjoki, Finland.

“We are excited about the opportunity this will afford us to better serve our Scandinavian customers,” said Dr. Mark Lyons, president and CEO of Alltech. “We have been an Alltech customer for over 20 years and trust their technology,” said Antti Kuoppamaki, majority stakeholder for Kärki-Agri. “I know that Alltech and DLG share our commitment to supporting producers, and I look forward to the future success of the business through the collaboration of Alltech and DLG.” “With this second joint venture with Alltech, we will strengthen our position and presence in Finland, which is located in a region that offers exciting opportunities,” said Jacob Holm Pedersen, CEO of the Vilofoss Group and executive vice president with responsibility for premix and nutrition at DLG. “The synergies created through this cooperation will give customers better access to products that, by optimizing feed efficiency, improve production economy and increase their competitive advantage.”