Merger Creates Second Largest Feed Provider in Canada
By Amanda Brodhagen, Farms.com
Masterfeeds Inc. and Ridley Inc. announced Monday, the successful merger of their commercial livestock and poultry feed and nutrition business into – Masterfeeds LP. The initial merger announcement was made on Oct. 18, 2012 but was subject to regulatory approvals, these processes have now been completed.
The merger between the two companies has now created the second largest feed provider in Canada. This includes 22 feed manufacturing plants, which employ over 500 people from across Canada in Quebec, Ontario and the Prairie Provinces. The new entity headquarters is stationed in London, Ontario.
Prior to the merger, Masterfeeds has an 83 year old history of research and innovation in animal agriculture. Ridley Inc. was previously headquartered in Mankato, Minnesota and brings a strong background as one of North America`s leading commercial animal nutrition companies.