A merger between two New Zealand animal health companies will create the country’s largest supplier of animal nutrition and forage additive technologies.
Nutritech International and Lallemand NZ Ltd (trading as Vitec Nutrition) are merging from June 1, the companies announced this week.
The merged business will be called Nutritech International Limited and will remain majority controlled and owned by its New Zealand based management team and shareholders, with Lallemand Animal Nutrition having a minority strategic shareholding.
Nutritech produces a range of equine products, including electrolytes, toxin binders, detox and gut products, and a natural calmer, with factories in Auckland and Rolleston in Canterbury.
Nutritech Managing Director Tony Manning will become CEO of the merged business. Shaun Benefield becomes National Sales Manager, Alun Faulkner becomes National Technical Manager and Adam Clay becomes the Ruminant and Forage Technical Services Manager. Supporting the executive team are consultant Nutritionist, Dr Julian Waters and non-executive director, Alex Turney, Lallemand Animal Nutrition Managing Director (Oceania).
Nutritech International was founded in 1915, and was under the family ownership of the McNeill family for threegenerations until a management buyout in April 2010.
Vitec Nutrition was founded in 1997 to supply a range of feed additives and nutritional advice to the NZ feed industry. In 2008 Lallemand Animal Nutrition acquired Vitec and in 2011 the Vitec Nutrition legal entity was merged into Lallemand NZ Limited.