ADM and Alltech have signed a definitive agreement to launch a North American animal feed joint venture, bringing together decades of experience and unparalleled capabilities to create new advantages for customers, the companies announced on Sept. 23.
“The first company name I can remember, besides our own, is ADM — a name I’ve heard since I was 3 years old, and likely even earlier,” Mark Lyons, president and CEO at Alltech, announced on LinkedIn. “My father’s very first order — and his second, for those who know the story of Alltech’s beginnings — came from ADM. That early vote of confidence helped shape our story. Over the decades, the relationship between our two companies has only grown stronger. We’ve long explored ways to partner more deeply, and now the time is right to align our passionate teams, proven products and shared values.”
Alltech will contribute its U.S.-based Hubbard Feeds and Canada-based Masterfeeds businesses, including 18 feed mills in the U.S and 15 in Canada, and ADM will contribute its 11 U.S. feed mills. The joint venture will be majority-owned by Alltech and governed by a board with equal representation from each parent company.
“This partnership combines the complementary strengths of our businesses — the expertise of our people, extensive manufacturing capabilities, trusted product portfolios and deep knowledge of nutrition science,” Lyons wrote. “Together, we are building something greater than the sum of its parts, with the shared goal of advancing animal nutrition and delivering our customers every advantage.”
As the animal nutrition industry continues to reshape itself to support a growing global population, Alltech and ADM will bring together passionate teams, proven products and shared values to ensure enhanced advantages for our customers, the companies said. They plan on evolving with purpose to offer an industry-leading range of products and solutions for livestock, equine, backyard and leisure animals.
“By joining forces, we can offer more than we ever could alone: broader capabilities, practical solutions and an uncompromising commitment to our customers’ success,” Lyons wrote. “This is a milestone moment — one that sets the stage for the continued growth of our North America feed business and enhances the advantage we can deliver to those we serve.”
The venture will be supported and strengthened by the parent companies’ leading-edge technology and R&D, broad logistical capabilities, and connections across the broader ag and feed value chains.
Alltech will retain its Ridley Block Operations, Ridley Feed Ingredients and Alltech specialty ingredients, although these business units will be partners and suppliers to the joint venture. ADM’s Canadian locations will remain with ADM, as will its U.S. premix and additive businesses, though those capabilities and products will help supply the new company.
The companies expect to complete the transaction and formally launch the joint venture in the first quarter of 2026.
