In an April 27^th press release, Innovad announced acquisition of Herbonis based in Switzerland with its affiliate Wyreside in the U.K.

Herbonis specializes in plant-based bioactive molecules and manufactures among other products Panbonis a plant-based vitamin D3 for animal feed.

Ben Letor, CEO of Innovad commented, “Herbonis has an impressive record, dedicated team, independent mindset and outstanding technology.  Plant-based alternatives are a mega-trend in animal nutrition and the transaction aligns with Innovad’s goal of becoming a center of excellence and knowledge in phytogenic products.