Petfood ingredients provider Kemin Industries completed its purchase and acquisition of selected property, equipment and other assets of American Dehydrated Foods Inc. The acquisition includes spray dried liver hydrolysate products, spray dried liver products, other specialty dried products and spray drying technology for use in premium and super premium petfood.
Under the deal, Kemin acquires ADF’s spray dried meat protein manufacturing facility, Verona South, in Verona, Missouri, USA. ADF continues to own and operate its drying facilities at the Verona North plant in Verona, Missouri and at its plant in Social Circle, Georgia, USA.
Kemin is also expanding its headquarters in Des Moines, Iowa, USA, with a US$30 million investment in its manufacturing, research and corporate facilities.
“This investment is one of many we are making in our commitment to the millions of pet owners who care about their pet’s quality of life,” said Chris Nelson, president and CEO of Kemin Industries. “Our expansion plans and related global investments are all part of our vision to improve the quality of life for people and animals ."
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.