Easy Bio a major nutrition company based in South Korea has announced the acquisition of Devenish Holdings Ltd. based in Northern Ireland, with subsidiary Devenish Nutrition LLC in the U.S.
Devenish Nutrition has operated in the U.S. since 1998 producing premixes and feed additives distributed in the U.S. and Mexico. Easy Bio has secured markets for its products directed to antibiotic-free production systems in the E.U. and Asia with representation in 50 nations.
Stevenson Hwang CEO of Easy Bio stated, “Devenish Nutrition is already a leading company in the North American market with its solid technology and various solutions and many talented people in the company including management.”
Cory Penn CEO of Devenish Nutrition stated, “With the help and support of the Easy Bio Group we will continue to expand our footprint across North America with investment in people, research and manufacturing facilities.”
It is intended that Devenish Nutrition will continue to operate with current management but with additional financial resources and access to an innovative product portfolio.