NEW TECH FOODS

ADM and Alltech have signed a definitive agreement to establish a joint venture in North America’s animal feed sector, combining their manufacturing networks and nutrition expertise.

The new company will be majority-owned by Alltech, with governance split evenly between the two partners. Under the agreement, Alltech will contribute its Hubbard Feeds business in the US and Masterfeeds in Canada, which together include 33 feed mills. ADM will add 11 US feed mills to the venture.

The companies said the move aims to expand their product offering and deliver greater value across livestock, equine, backyard and leisure animal segments.

“As the animal nutrition industry continues to reshape itself to support a growing global population, Alltech and ADM are bringing together passionate teams, proven products and shared values to ensure enhanced advantages for our customers,” they said jointly in a statement. “We’re evolving with purpose to offer an industry-leading range of products and solutions for livestock, equine, backyard and leisure animals.”

Alltech and ADM have worked together for decades, with ADM serving as Alltech’s first customer. The partners said the new entity will leverage complementary strengths including manufacturing capacity, nutrition science expertise, established product portfolios, logistics and research and development resources.

Certain business units will remain outside the joint venture. Alltech will retain Ridley Block Operations, Ridley Feed Ingredients and its specialty ingredients business, though these units will act as suppliers to the new company. ADM’s Canadian feed operations and its US premix and additive businesses will also remain separate but provide supply support.

“Our customers know they can depend on us to partner with them, offering personalised service and nutrition expertise to tailor products and solutions that will give them an edge, whether in the market or the show ring,” the statement continued. “Now our new joint venture is going to be able to offer even more: broader capabilities, more products and new innovative solutions, all delivered with the relationships and service our customers have come to expect.”

Completion of the transaction and formal launch of the joint venture are expected in the first quarter of 2026.