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PAI Partners acquires Innovad Group from IK Partners

privateequitywire

5 months ago

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PAI Partners (PAI) has agreed to acquire Innovad Group (Innovad), a global specialty animal feed additives player, from IK Partners (IK), a European private equity firm. PAI is acquiring its stake from the IK IX Fund. The Innovad management team, led by Ben Letor, will reinvest as part of the transaction.
Innovad is a supplier of animal health and nutrition solutions, offering a wide range of specialty additives, which mainly focus on the poultry, ruminant and swine species. The group has develo...

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