Alltech unit acquires Ranch-Way Feeds
Deal will create network in the Western US
Alltech, through Hubbard Feeds, a wholly owned subsidiary of Ridley USA Inc., has acquired Ranch-Way Feeds, an animal nutrition company that has done business in the Western United States for more than 60 years.
Ranch-Way Feeds employs more than 50 people, producing more than 50,000 tons of feed annually. The company markets its animal nutrition products and programs through an extensive dealer network in the Rocky Mountain region. The acquisition includes The Feed Bin, Ranch-Way Feeds’ retail store in Santa Fe, New Mexico.
Ranch-Way Feeds’ sales, marketing and technical teams will merge with Hubbard’s operations to create a strong on-farm support network for dealers and Western region livestock producers. This support includes the delivery of superior animal nutrition backed by scientific research and tailored feeding programs supported by the expertise and experience of the technical and sales teams. Because of its long history and trusted name recognition, Hubbard Feeds plans to continue to market and sell the Ranch-Way brand at this time.
“Hubbard Feeds and Ranch-Way Feeds represent a dynamic team of like-minded, science-driven and ag-passionate people,” said Kevin Levi, president of Ridley U.S. feeds operations. “We are confident that Western U.S. livestock producers will benefit from increased nutritional offerings, expanded sales and technical support, and access to cutting-edge technologies through the combined resources of Ranch-Way Feeds, Hubbard, Ridley and Alltech. This acquisition is driven by our shared motivation to strengthen our support of Western livestock producers.”
Terms of the purchase were not disclosed.