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RUMENCO ACQUIRES NET-TEX INDUSTRIES LIMITED

Specialist ruminant nutrition supplement manufacturer Rumenco has acquired Net-Tex Industries Limited.

Commenting on the deal, Rumenco chairman, Frank Heap, said the acquisition of Net-Tex Industries would complement their existing business, whilst also allowing Rumenco to develop additional markets.

“There is a very good level of strategic fit between the two companies. Both are successful manufacturers of different but complementary ruminant product ranges.  In addition, Net-Tex is active in equine and pet markets.”

Both Rumenco and Net-Tex will continue to be independent businesses, and it is foreseen that there will be significant potential for both companies to develop their services and respective product ranges for the agricultural merchant and distribution trade.

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