Premier Nutrition, a major manufacturer of vitamin and mineral premixes for a wide range of livestock species has been purchased by AB Agri Ltd, the Agriculture Group of Associated British Foods plc.
ABF has purchased the share capital of Premier Nutrition which will continue to operate as a stand alone business, under the leadership of Robert Rae.
Strategically, this acquisition enables ABF to be a significant player in overseas markets, including premix supply to the pet food and aqua food sectors which, with the financial backing of ABF, will be areas for growth for Premier Nutrition.
All 83 staff, including all the directors and shareholders will remain with the business.
â€¢ AB Agri (ABF)