Products from the acquisition will align with Novus’s Mintrex chelated trace mineral products and further expand its mineral technology. When complete, this acquisition will enable Novus to offer its customers and the animal agriculture market an expanded chelated trace mineral product portfolio to support their livestock operations.
"The intent to acquire Albion's animal division is consistent with the direction Novus has taken to work with industry partners to achieve greater production efficiencies and minimize environmental impact,” said Giovanni Gasperoni, executive vice president, Novus International.
"Novus will continue to fully support and invest in its Mintrex chelated trace mineral technology. Albion will be viewed as an additional line to support the industry’s movement to superior, well-defined and efficacious chelated mineral solutions."