December 11, 2009

Novus to acquire Albion International's animal nutrition division

Novus International,Inc. announced its intent to acquire the Animal Nutrition Division of Albion Laboratories Inc, based in Clearfield, Utah.

This acquisition will enable Novus to offer its customers and the animal agriculture market to an expanded chelated trace mineral product portfolio to support its livestock operations.

Albion is an innovator in mineral chelate nutrition, a manufacturer of highly bio-available nutritional mineral forms and has a long-standing customer-base in both the beef and dairy markets. Albion is primarily present in the animal organic trace mineral industry in the US, Europe, Middle East and Japan.

The combined geographic and market presence will provide Novus the opportunity to offer new customers a wide range of health through nutritional products, programmes, and solutions.

"The intent to acquire Albion's animal division is consistent with the direction Novus has taken to work with industry partners to achieve greater production efficiencies and minimise environmental impact." said Giovanni Gasperoni, Executive Vice President, Novus International.

Novus International, Inc., an industry leader in animal nutrition and health headquartered in St. Louis, Missouri, US, serves customers in more than 90 countries globally.