Olmix Acquires Brazilian Biotech Company, YES Sinergy

 Olmix Group, a global leader in natural solutions for agriculture, completed the acquisition of Yes Sinergy, a Brazilian biotech company specializing in natural additives for animal nutrition and welfare. The acquisition was completed on July 11th, 2023.

This strategic acquisition reinforces Olmix Group’s international expansion efforts and establishes the company as a major provider of biosourced solutions for agriculture. With this acquisition, the Group’s annual revenues exceed €200 million, with nearly €150 million coming from the animal nutrition, health, and welfare sector.

The merger of these two companies is based on their complementary strengths, both geographically and technologically, as well as their shared commitment to combining economic performance with the transition to more sustainable farming practices. The collaboration leverages their common values, emphasizing a scientific approach to knowledge and the importance of innovation using biosourced materials, such asseaweed for Olmix and sugar-cane yeast for Yes Sinergy.

Yes Sinergy, a pioneering biotech company, at the forefront of the Latin American market for biosourced additives

Yes Sinergy, an innovative biotech company, is a leader in the Latin American biosourced additives market. Founded in 2008, Yes Sinergy has over 15 years of research and development experience focused on adding value to by-products of the sugar-cane industry. Through collaboration with Brazilian universities and world-class researchers, the company has become a specialist in selecting and producing high-value derivatives from natural extracts.

Leveraging its unique expertise, Yes Sinergy develops innovative solutions to prevent the adverse effects of mycotoxins, improve digestive comfort, prevent pathogen contamination, and stimulate immune responses in livestock and domestic animals while reducing the use of antibiotics. As a key player in the South American biosourced additives market, Yes Sinergy generates revenues exceeding €40 million and employs 300 professionals across its sales, R&D, and industrial operations.

The combination of Olmix and Yes Sinergy presents significant growth opportunities for both companies. This acquisition will enhance Yes Sinergy’s sales, technical capabilities, and R&D resources, enabling further expansion in the European and Asian markets. Simultaneously, Olmix’s integration of Yes Sinergy will accelerate its presence in Latin America, a highly dynamic agricultural market, penetrate the pet care industry, and complement its range of natural solutions for livestock.

Robert Clapham, CEO of Olmix Group, expressed his confidence in the acquisition, stating that the combined expertise and skills of the two teams, led by Mickael Rouault, Head of the Animal Care Business Unit, will drive innovation and the growth of their biosourced solutions. With a global presence spanning Europe, Asia, and Latin America, Olmix Group’s Animal Care Business Unit generates balanced revenues across these three regions.

About Olmix

Olmix is a global company specializing in developing, producing, and distributing high-value biosourced solutions for livestock and crop farming. The company’s Animal Care division operates in over 50 countries, offering innovative technologies to improve animal welfare and hygiene, reduce mycotoxin risks, enhance digestive efficiency, and boost animals’ natural defenses while ensuring economic and environmental performance. Headquartered in central Brittany, Olmix has 650 employees, generates €160 million in annual revenues, and operates eight industrial plants, including an algae processing biorefinery.

About Yes Sinergy

Yes Sinergy is a Brazilian biotech company active in the domestic market and present in approximately 40 countries worldwide. The company focuses on developing and commercializing value-added animal feed additives with the aim of improving food safety, animal welfare, and promoting sustainable development. Yes Sinergy’s portfolio includes natural antibiotic-free products based on sugar-cane yeast and organic chelated materials. The company serves various livestock species, including ruminants, swine, poultry, and aquatic organisms, as well as pets. Yes Sinergy markets its solutions domestically and internationally, with a presence in more than 40 countries across the Americas, Europe, and Asia.

Source: “Press Release | Yes Sinergy x Olmix Group”