PAI Partners acquires Innovad Group in a 2026 animal feed takeover
Innovad Group, a global supplier of specialty animal feed additives, is set to change ownership. Private equity firm PAI Partners announced on 8 December 2025 that it would acquire the company from IK Partners. The deal, expected to close in early 2026, will see CEO Ben Letor and his management team reinvest alongside the new owners.
The Antwerp-based company specialises in feed additives for poultry, ruminants, and swine. Under the leadership of Ben Letor, Innovad Group has grown into a key player in the sector. PAI Partners has stated its intention to work closely with Letor and his team to drive further expansion.
The acquisition will see PAI Partners and Innovad Group’s management team collaborate on future growth. The deal’s completion in early 2026 will set the stage for new investments and expansion. Innovad Group’s focus on poultry, ruminants, and swine feed additives remains central to its strategy.
