H.I.G. Capital, a global private equity investment firm, has completed the acquisition of Bigsal, an animal nutrition provider in the North region of Brazil.
Founded in 2003 in the state of Rondônia, Bigsal’s products, distribution capabilities and customer service have enabled it to grow into the leading provider of animal nutritional supplements in the North of Brazil. With a focus on ruminants, the company also provides high-quality supplements for fish, pet and other animal species. The company has nearly 7,000 active customers and approximately 150 employees.
“We are very pleased to get involved with Bigsal. The company’s management and founding shareholders have done a terrific job in building the leading animal nutrition provider in Rondônia, and H.I.G. will now support Bigsal in its geographic and portfolio expansion, both organically and inorganically,” said Fernando Marques Oliveira, managing director and head of H.I.G. Latin America. “We believe the company will continue to benefit from the migration of cattle farming to the North of Brazil and the increased technification of cattle farmers, for whom the use of animal nutrition is a strong driver of productivity.”
“It was very important for us to find the right partner to carry on Bigsal’s ambitious expansion plans. H.I.G.’s strong presence in Brazil, track record of value creation and the collaborative nature of its investment team stood out from the beginning, and we are confident they will take Bigsal to new heights over the coming years," said Valdemir Aimi, founding partner of Bigsal.
Bigsal’s management team will remain with the company along with new executives brought in by H.I.G., supporting Bigsal’s next growth cycle.