On July 11, Grupo Olmix, a global specialist in natural solutions for agriculture and livestock, acquired Yes Sinergy, a Brazilian biotechnology company specializing in natural additives for animal nutrition, health and well-being.

With the acquisition of Yes Sinergy, the Olmix Group continues with its international development, positioning itself as an important supplier of biosustainable solutions for the agricultural sector. The Group now generates revenues of over €200 million, including almost €150 million in animal nutrition, health and welfare.

The union of the two companies is based on their complementary strengths, both geographic and technological, as well as on their shared ambition to combine economic performance with the transition to more sustainable agricultural models. This operation is based on the companies' shared values, focused on a scientific approach and the essential role of innovation based on biosustainable materials: seaweed for Olmix and sugarcane yeast for Yes Sinergy.

Yes Sinergy, an innovative biotechnology company, leader in the Latin American market of biosustainable additives

Founded in 2008, Yes Sinergy has more than 15 years of experience in R&D, adding value to the by-products of the sugarcane industry. As a result of all this work carried out in close cooperation with Brazilian universities and world-renowned researchers, the group is recognized as a specialist in the selection and production of high-value derivatives of natural extracts.

Thanks to this unique expertise, Yes Sinergy develops innovative solutions to prevent the adverse effects of mycotoxins, improve digestive comfort, prevent contamination by pathogens and modulate the immune system of production and domestic animals, reducing the use of antibiotics.

Positioned among the South American market leaders in biosustainable additives, Yes Sinergy generates revenues in excess of €40 million. The company has more than 300 employees distributed in two industrial plants, in addition to sales, technical support and R&D teams. Yes Sinergy is headquartered in Campinas, near São Paulo, and operates two state-of-the-art factories in Borá and Lucélia, located in the state of São Paulo, the main sugarcane producing region in the world.

 

Significant shared growth opportunities

The combination of Olmix and Yes Sinergy is a milestone in the development of Olmix's Animal Care Business Unit. Through this acquisition, the Olmix Group reaffirms its international ambitions and positions itself as a leader in biosustainable solutions for animal nutrition, health and well-being.

The acquisition will boost Yes Sinergy's sales, technical and R&D resources, allowing the company to continue its growth in the European and Asian markets. At the same time, the integration of Yes Sinergy by Olmix will accelerate its development in Latin America, one of the most dynamic agricultural markets in the world, also increasing its share in the pet market and complementing its range of natural solutions for production animals.

Robert Clapham, CEO of the Olmix Group, commented: “The acquisition of biotechnology company Yes Sinergy is fully in line with the growth plans of the Animal Care Business Unit. I am convinced that, under the leadership of Mickael Rouault, who recently took the helm of this unit, the combined expertise and skills of the two teams will spur innovation and growth in our biosustainable solutions. The Group now has a global presence, spanning Europe, Asia and Latin America, and the Animal Care Business Unit's revenues are evenly distributed across these three regions.”

About Olmix:

Olmix is a global company specializing in the development, production and distribution of high-value biosustainable solutions for livestock and agriculture. Thanks to its high quality product lines and ingredients, Olmix is a partner of choice for farmers, ranchers, distributors and manufacturers of agricultural supplies around the world, enabling smart and sustainable agriculture.

Its Animal Care division develops innovative technologies in more than 50 countries to improve animal welfare and hygiene, reduce mycotoxin risks, improve digestive efficiency and boost animals' natural defenses, combining economic and environmental performance. Founded in central Brittany, Olmix employs 650 people, generates €160 million in annual revenue and operates eight industrial plants, including a biorefinery specializing in the processing of algae.

About Yes Synergy:

Yes Sinergy is a Brazilian biotechnology company active in the national market and in about 40 countries around the world. The company focuses on the development and commercialization of high value-added animal feed additives, with the ambition to improve food safety and animal welfare while promoting sustainable development. Yes Sinergy's portfolio includes natural products free of antibiotics, based on sugarcane yeast and chelated organic materials. Yes Sinergy serves all species of production animals (ruminants, pigs, birds and aquatic organisms), as well as pets. The company markets its solutions in the domestic and international markets and is present in more than 40 countries in the Americas, Europe and Asia.

 

Media Contacts:

Maxime COIFFET, Director of Communications and Institutional Affairs:

mcoiffet@olmix.com

+33(0) 6 63 79 00 60

 

Laurence GUILLEVIC, Head of Communication:

lguillevic@olmix.com

+33(0) 6 07 35 27 14

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