Olmix acquires Yes Sinergy for international development
The combination of Olmix and Yes Sinergy marks a new milestone in the development of Olmix’s Animal Care Business Unit
Olmix Group, a global specialist in natural solutions for agriculture, acquired Yes Sinergy, a Brazilian biotech company specialising in natural additives for animal nutrition and welfare.
With the acquisition of Yes Sinergy, Olmix Group is pursuing its international development, positioning itself as a major supplier of bio-sourced solutions for agriculture. The Group now generates revenues of more than €200 million, including nearly €150 million in animal nutrition, health and welfare.
The consolidation of the two companies is based on their complementary strengths, both geographical and technological, as well as their shared ambition of combining economic performance with the transition to more sustainable farming models. The operation builds on the companies’ shared values focused on a scientific approach to knowledge and the essential role of innovation based on bio-sourced materials: seaweed for Olmix and sugar-cane yeast for Yes Sinergy.
The combination of Olmix and Yes Sinergy marks a new milestone in the development of Olmix’s Animal Care Business Unit. Through this acquisition, Olmix Group reaffirms its international ambitions and positions itself as a leader in bio-sourced solutions for animal nutrition, health and welfare.
The acquisition will boost Yes Sinergy’s sales, technical and R&D resources while enabling the company to pursue its growth in the European and Asian markets. At the same time, Olmix’s integration of Yes Sinergy will accelerate its development in Latin America, one of the world’s most dynamic agricultural markets, penetrate the pet care market and complement its range of natural solutions for livestock.
Robert Clapham, Olmix Group CEO, commented, “The acquisition of biotech company Yes Sinergy is fully in line with the Animal Care Business Unit’s growth plans. I’m convinced that under the leadership of Mickael Rouault, who recently arrived as the head of this business, the two teams’ combined expertise and skills will stimulate innovation and the growth of our bio-sourced solutions. The Group now has a global presence spanning Europe, Asia and Latin America, and the Animal Care Business Unit’s revenues are spread evenly across these three areas.”
The combination of Olmix and Yes Sinergy