Multinational Archer Daniels Midland (ADM) has bought a stake in the Austrian feed additive manufacturer Animal Nutrition Competence (Anco). It says the strategic collaboration will enable it to market Anco’s specialty feed ingredients to its ADM Animal Nutrition customers. Financial details are not available.
ADM is initially offering Anco products, including the Anco FIT line of “gut agility activators” to its customers in the US, Canada and Mexico, but will introduce them to more geographies in the future.
“This collaboration will provide livestock producers with greater access to Anco’s range of specialty feed ingredients,” said Chuck Loefer, vice president of ADM Animal Nutrition and now an Anco governance board member. “By providing our feed manufacturing and premix customers specialty ingredient solutions that help reduce risks of naturally occurring toxins in feed, we can help keep their animals—and their businesses—healthy and productive.”
For Anco, managing partner Michael Eder adds: “By leveraging the expertise of both ADM and Anco, this new partnership will help us provide poultry, swine, and cattle producers with a range of high-quality products that contain natural ingredients, such as phytogenics and other compounds, that are carefully selected to help animals adapt to the nutritional stress factors often present in feed rations.”