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Groupe Grimaud Forms Alliance with Pen Ar Lan

by 5m Editor
11 April 2011, at 12:00am

GLOBAL - Continuing the growth of its international pig genetics business, France's Groupe Grimaud, parent company of Newsham, has entered into an alliance with Pen Ar Lan, an international pig genetics company with operations in France, Poland, Brazil and Canada.

The partnership reinforces Groupe Grimaud's position as a major player in the pig genetics field, enhancing its operations in Europe, North America and South America.

Under the terms of the agreement, Groupe Grimaud's pig division, Choice Genetics, becomes the majority shareholder of PEN AR LAN.

Newsham and PEN AR LAN will continue to operate as two independent companies under Choice Genetics, with each company benefiting from the technological advances of the other.