Date: October 3, 2011
Buyer: Prince Agri Products
Seller: Animate
Price: Undisclosed
Terms: Acquisition
Prince Agri Products, Inc. (Prince), a subsidiary of Phibro Animal Health Corporation, has acquired the intellectual property, including patents and trademarks, as well as manufacturing assets for Animate® from Granco Minerals, Inc.
“Prince is already a leader in dairy nutrition and the acquisition of Animate continues to strengthen our position in the market. The commitment we make in our Specialty Products business is to help our customers grow their business andAnimate is another key solution to help drive this growth,” said Dean Warras, President of Prince Agri Products.
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