Alltech buys Canada's major animal nutrition company Masterfeeds
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Alltech and Masterfeeds announced that they have entered into a share purchase, under which Alltech will acquire 100 percent of the outstanding shares of Masterfeeds, Inc., from Ag Processing Inc (AGP). This will provide Alltech complete ownership of Masterfeeds LP, a leading commercial animal nutrition company in Canada.
This is a crucial time in agriculture, and Canadian farmers are facing ev