ALLTECH ACQUIRES KEENAN
Following Irish manufacturer entering receivership
Alltech has agreed to acquire Keenan, following the Irish agricultural machinery manufacturer entering receivership earlier this year.
Keenan, which is now part of the Alltech family of companies, is the 14th acquisition for Alltech globally since 2011.
"The Keenan group has long been a friend of Alltech. This is a story about two great Irish; globally-minded companies coming together. As an Irishman, I am delighted to welcome Keenan to our family, because together we can deliver greater value to our global farming customers with a wider variety of technological solutions," said Dr. Pearse Lyons, founder and president of Alltech.
"Between Alltech's primacy in science and Keenan's manufacturing strength and technological know-how, we have a winning combination for delivering greater farm efficiency and profitability direct to our farming customers."
Alltech and Keenan have identified possible growth opportunities together, which may include nutritional technologies and feeding programmes focused on feed efficiency and herd health as well as advanced ration formulation
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