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Phibro Acquires Baltzell

by 5m Editor
16 February 2009, at 8:19am

US - Phibro Animal Health Corporation has announced that Prince Agri Products Inc., a subsidiary of the Company, has agreed to acquire the Baltzell Agri Products trace minerals business.

Dean Warras, President of Prince Agri, said, "[Baltzell Agri Products] is well known in the industry for its strong customer relationships, quality manufacturing operations, and excellent work force. The integration of our trace mineral businesses will enable Prince Agri to serve an expanded geographical market from multiple production facilities and will ensure our customers continue to receive the cost-effective, high quality products they need for today's demanding market environment."

Baltzell Agri Products is a manufacturer and marketer of an extensive line of trace minerals, trace mineral premixes, selenium premixes and other nutritional ingredients to the animal feed and pet food industries in the United States. The products generally are mixed with animal feeds and pet foods to fortify and enhance their nutritional value. BAP serves customers in all animal feed segments, including cattle, dairy, swine, poultry, and companion animals. BAP produces trace mineral premixes at its blending facility in Omaha, with a work force of 50 employees.

The transaction is subject to certain closing conditions and is expected to close in March 2009.

Phibro Animal Health Corporation is a diversified global manufacturer and marketer of a broad range of animal health and nutrition products to the poultry, swine and cattle markets. THe company is also a manufacturer and marketer of performance products for the ethanol, wood preservation and personal care industries.