Lexington-based company now has 4,200 employees worldwide
LEXINGTON, Ky. (June 18, 2015) — Alltech announced today that it has successfully completed the acquisition of Ridley Inc. (“Ridley”) pursuant to the terms of the previously announced plan of arrangement transaction.
“The Ridley acquisition moves this commitment to a new level by expanding the availability of our leading animal nutrition product offerings and emphasizing our dedication to investing in R&D,” said Dr. Pearse Lyons, founder and president of Alltech.
Ridley now operates as a division within Alltech and the current range of Ridley products and solutions will continue to be available through existing distribution channels. In the near future, customers will benefit from an increased variety of nutritional solutions and services, backed by the latest scientific research from Alltech.
With the completion of the acquisition, Alltech now has a presence in 128 countries with 77 manufacturing facilities and approximately 4,200 employees globally. This includes a team with more than 200 advanced degrees in animal science that is committed to developing cutting-edge animal nutrition technologies and tailored feeding programs, supported by robust research and data analytics.