June 28, 2021
Adisseo announces minority stake in PigCHAMP Pro Europa SL through capital increase
Adisseo Group has announced the signing of an agreement to take control a 24.99% share in PigCHAMP Pro Europa SL through capital increase.
The investment represents a key milestone for Adisseo's precision livestock farming (PLF) initiative through which the company aims to bring innovative solutions to the market and support the sustainability of livestock productions.
Based in Segovia, Spain, PigCHAMP is focused on the digital transformation of the swine sector by addressing issues such as health, production, reproduction and biosecurity. The company specialises in data management, analytics and tailor-made digital solutions.
PigCHAMP, which is managed by founder Dr. Carlos Piñeiro, has 30 employees and has been serving mostly the Spanish and Portuguese markets for the last 20 years.
PLF has been identified as a key area to boost Adisseo's specialties portfolio, and the recent agreement with PigCHAMP is a "natural move to accelerate cooperation," according to Adisseo. Both companies will work together to develop new products and services for the swine industry.
PigCHAMP will continue to be managed by Dr. Piñeiro.