Novus announces official acquisition of IQF Group

acquisition will expand Novix's existing product line, including feed and food-grade carotenoid colorants, essential oils, mycotoxin adsorbents and mold inhibitors,st, Missouri, May 25, 2010, Novos International corporation officially announced the acquisition of IQF Group, including the Spanish province of TarragonaSpain's Carotenoid Technologies, S.Aand Investigaciones Qu?micas y Farmac?uticas, S.A., and IQF-ENAMEX, S.Ade C.V., located in C?rdoba, MexicoIQF Group is a global leader in feed and food-grade carotenoid colorants, essential oils, mycotoxin adsorbents and mold inhibitorsThe terms of the acquisition were not disclosed furtherfounded in 1970, IQF Group has customers in more than 60 countries around the worldThe acquisition allows Novias to provide a wide range of product and food raw material options for its existing and future customers in the European and global livestock marketThe natural feed additives produced by IQF Group can be added directly to the feed and used after mixing to improve meat, eggs and egg colorThe acquired carotenoid colorant contains natural antioxidant ingredients that can be combined with Novix's range of feed preservation agents and forage antioxidantsThe acquisition of the IQF product line is being widely used in the poultry, ruminant, pig and aquatic markets, including the main brands: Xamacol, Astacol, Lutecol, Betacol, Canthacol (Kant), Toxiban (toxic finish), Micokap (Michael) and Next (E)"Incorporating these new technologies into our existing products can help Novata provide a better service to our customers around the world," said MrThad Simons, Global President and CEO ofNoviwes InternationalThe acquisition is fully in line with Novi's long-standing commitment to our customers to innovate, improve animal health and create value for customers by optimizing nutritionthe acquisition is the second acquisition by Novimes in recent monthsIn December 2009, Novires announced the acquisition of Albion Laboratories, Inc.'s Animal Nutrition Division, expanding the company's original product line of organic trace element chelates, particularly for the beef and cow markets"This acquisition is extremely exciting news for us, and with this acquisition, Novif will become a global leader in natural colorants and help Novos enter a new regional market that will benefit our customers and the industry as a whole," said Giovanni Gasperoni, Executive Vice President, Global Markets and Sales atThe products we acquire contain products of high quality, and their natural properties are both an extension and complement each other to our existing product compositionA spokesman forIQF Group said: "The IQF Group has maintained a good relationship with Novico since 2001 and this acquisition is entirely unexpected and a new strategic step for both sidesWe are confident that IQF's cultural and product complementarities will continue our success over the past 40 yearsNovis' current products include amino acids, organic trace element chelates, feed preservation agents and other nutritional health products, serving poultry, aquatic products, pigs, cows, beef cattle, pets and human marketsAnimal health and nutrition, improved animal production performance, feed quality, food safety and agricultural sustainability practices are all key areas of focus for Novithe acquisition will expand Novi's existing product line, which includes four product lines of feed and food-grade carotenoid colorants, essential oils, mycotoxin adsorbents and mold inhibitors
On May 25, 2010, Novico International, Inc., announced the acquisition of IQF Group, which includes Tarragona, SpainSpain's Carotenoid Technologies, S.Aand Investigaciones Qu?micas y Farmac?uticas, S.A., and IQF-ENAMEX, S.Ade C.V., located in C?rdoba, MexicoIQF Group is a global leader in feed and food-grade carotenoid colorants, essential oils, mycotoxin adsorbents and mold inhibitors The terms of the acquisition were not disclosed further founded in 1970, IQF Group has customers in more than 60 countries around the world The acquisition allows Novias to provide a wide range of product and food raw material options for its existing and future customers in the European and global livestock market 　　The natural feed additives produced by IQF Group can be added directly to the feed and used after mixing to improve meat, eggs and egg color The acquired carotenoid colorant contains natural antioxidant ingredients that can be combined with Novix's range of feed preservation agents and forage antioxidants The acquisition of the IQF product line is being widely used in the poultry, ruminant, pig and aquatic markets, including the main brands: Xamacol, Astacol, Lutecol, Betacol, Canthacol (Kant), Toxiban (toxic finish), Micokap (Michael) and Next (E) "Incorporating these new technologies into our existing products can help Novata provide a better service to our customers around the world," said Mr Thad Simons, Global President and CEO of Noviwes International The acquisition is fully in line with Novi's long-standing commitment to our customers to innovate, improve animal health and create value for customers by optimizing nutrition the acquisition is the second acquisition by Novimes in recent months In December 2009, Novires announced the acquisition of Albion Laboratories, Inc.'s Animal Nutrition Division, expanding the company's original product line of organic trace element chelates, particularly for the beef and cow markets "This acquisition is extremely exciting news for us, and with this acquisition, Novif will become a global leader in natural colorants and help Novos enter a new regional market that will benefit our customers and the industry as a whole," said Giovanni Gasperoni, Executive Vice President, Global Markets and Sales at The products we acquire contain products of high quality, and their natural properties are both an extension and complement each other to our existing product composition A spokesman for IQF Group said: "The IQF Group has maintained a good relationship with Novico since 2001 and this acquisition is entirely unexpected and a new strategic step for both sides We are confident that IQF's cultural and product complementarities will continue our success over the past 40 years Novis' current products include amino acids, organic trace element chelates, feed preservation agents and other nutritional health products, serving poultry, aquatic products, pigs, cows, beef cattle, pets and human markets Animal health and nutrition, improved animal production performance, feed quality, food safety and agricultural sustainability practices are all key areas of focus for Novi (name)