Phibro Animal Health has purchased Biotay S.A., a developer, manufacturer and marketer of animal health and nutritional products based in Argentina. Acquiring the Biotay will provide new opportunities in a key and growing segment of the animal health industry in South America.
“This transaction strengthens our focus and capabilities in the animal health market in Argentina. Biotay’s field sales and technical service organization and local manufacturing will help Phibro reach new customers, particularly in the cattle segment,” said Larry Miller, Phibro’s Chief Operating Officer. “Adding our products to Biotay’s in-depth local knowledge will allow us to better meet our customers’ needs in this key geography.”
“We are delighted to become part of such a world-class organization as Phibro. We are excited and looking forward to leveraging the strengths of both organizations and resources to better serve our customers,” said Juan Carlos Repetto, Biotay’s Chief Executive Officer. “Phibro’s proven expertise and innovative platforms will provide strategic resources to maximize Biotay’s customer service capabilities, providing our customers with increased animal health, productivity and nutrition quality while improving animal welfare.”