PAI Partners acquires Innovad Group to fuel global expansion in animal nutrition
Belgium: PAI Partners acquires Innovad Group from IK Partners
PAI Partners acquires Innovad Group from IK Partners
2025-12-08T11:06:05+00:00
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PAI Partners has taken over Innovad Group, a leading supplier of specialty animal feed additives. The deal follows a period of rapid growth under previous owner IK Partners, which backed the company in 2021. Innovad now plans further expansion with its new investment partner at the helm.
Innovad Group specialises in additives for poultry, ruminant, and swine health. Its products target key areas like gut health, mycotoxin control, and immunity support. The company serves around 900 customers in 75 countries, operating six production sites across Belgium, Brazil, and Italy, with additional tolling partners in Switzerland and Italy.
Under IK Partners’ ownership since 2021, Innovad achieved double-digit revenue growth. The firm expanded into primary ingredients, completed three acquisitions to boost its phytogenic capabilities, and launched a biomonitoring tool for toxin control. These moves strengthened its position in the specialty additives market.
PAI Partners has now acquired Innovad to drive the next phase of development. The new owners aim to accelerate organic growth, pursue further acquisitions, and broaden the company’s geographic reach. Additional investments in research and development will also help maintain its leadership in the sector. By 2026, Innovad plans to enhance its product range and solidify its market presence under PAI’s guidance.
The acquisition marks a shift in ownership but keeps Innovad on its growth trajectory. With PAI Partners’ backing, the company will focus on expanding its product offerings and global footprint. Further investments in technology and strategic deals are expected to strengthen its position in animal nutrition.
