GFM Network News


Alltech to buy up Canadian feed firm Masterfeeds

Animal nutrition firm Alltech is set to make itself one of Canada’s top animal food and livestock feed players, with a deal in hand to buy the stake in Masterfeeds it doesn’t already own. Alltech, a Lexington, Kentucky-based international firm in aggressive acquisition mode, announced Tuesday it will buy all outstanding shares of Masterfeeds, Inc. […] Read more


U.S. animal feed giant to snap up Ridley

Canadian/U.S. livestock feed firm Ridley Inc. is set to become part of animal nutrition giant Alltech’s total mixed ration. Lexington, Ky.-based Alltech on Thursday announced a friendly cash deal to buy all outstanding Ridley shares at $40.75 each, for a total payout to Ridley shareholders of about $521 million. Ridley’s TSX-traded shares closed Wednesday at […] Read more