Alltech acquires Coppens aquatic feed company
June 7, 2016
lltech has acquired Coppens International, a leading aquatic feed solutions company based in the Netherlands. Coppens is now part of the Alltech family of companies, which includes 14 other companies that Alltech has acquired globally since 2011.
For nearly 24 years, Coppens has earned a reputation for being an innovative, high-quality aquatic feed producer. The company’s specialties include temperate and tropical marine and freshwater diets for a variety of juvenile and adult species. Alltech’s acquisition enhances the Coppens product range by integrating Alltech’s microalgae and protein platforms.
“Together we will now offer a breakthrough development in the feed industry by providing a fish feed completely derived from a sustainable and traceable fish oil replacement,” read the Altech blog comment on the acquisition. “With Coppens International, we complete the cycle from a sustainable source of microalgae, rich in DHA omega-3 fatty acid, through to fish feeds and into fish products.”
“The production of our algae is based on yeast components from which the algae gain a number of critical nutrients to grow, produce the high fat content and, even more importantly, high levels of the DHA omega-3 fatty acid. Now there is a true marriage between a unique aquatic feed manufacturer and an animal health-focused algae production facility! In fact, our plant in Winchester, Kentucky is food-grade and approaching more than 20,000 tons annually, with capacity expected to triple by year-end.”
Alltech has invested heavily at their fully-operational, large-scale algae production facility in Kentucky, to develop proprietary algal technology for applications in aquaculture, pet and livestock.
“Using Alltech’s primacy in science combined with Coppens International team of researchers, we believe we will be one of the first to completely remove fishmeal and fish oil from feed,” continued the blog. “We will replace these with Alltech’s FOR PLUS, which is derived from algae, and produced in our dedicated algae facility in Kentucky. We will be able to guarantee our customers a source of DHA which is traceable, sustainable and without the contamination issues of fish products.”
Coppens has a dynamic distribution network spread across more than 60 countries, including the Netherlands, France, Germany and Australia. Coppens’ products are sold to fish producers via direct sales or through distributor and dealer channels.
“Coppens International has many qualities we admire in a fish nutrition business: a robust, quality production system, dynamic routes to market and a pioneering spirit for research and development, which, all combined, present us with numerous synergies,” said Dr. Pearse Lyons, founder and president of Alltech.
“Aqua producers face many common challenges, such as mineral absorption, feed costs and efficiency,” he said. “With Coppens International now part of the Alltech family, we can make global efforts to address these challenges for our customers.”
“With an average growth rate of 10 percent per annum, this is a truly exciting time to be in the aquaculture sector,” said Anno Galema, managing director of Coppens International. “By joining Coppens International with Alltech, we now capitalize on this growth and bring together the best aquatic nutrition solutions to aquatic producers around the world.”