Leading animal feed supplier, Harbro, has entered into a partnership with Convent Capital, an investment firm specialising in the agri-food sector, to grow its presence in the UK agriculture supply market and secure long-term growth.
Harbro has nearly 50 years of experience, and is renowned for its expertise in precision nutrition and specialty feed solutions for the UK livestock sector, including pigs.
The Scotland-based company said it sees significant growth opportunities in the evolving livestock feed sector and is teaming up with Convent Capital to seize these opportunities, drive innovation, and lead industry advancements.
Harbro will continue to be managed by the existing executive and management teams, ensuring consistency and continuity for customers and employees. It said the partnership underscores its commitment to delivering innovative, sustainable solutions for livestock nutrition while maintaining its core values of customer focus, innovation, and long-term stability.
Chris Baxter, CEO of Harbro, said: “We are delighted to have joined forces with Convent Capital. This partnership will help us unlock new growth area and ensure the long-term future of the Harbro brand and business.
“As our industry faces considerable changes and opportunities in the next few years, we are well positioned to lead these developments. This will allow us to continue to deliver high-quality solutions to our customers.”
Maarten Meijnen, Founding Partner at Convent Capital, added: “Harbro is an established market leader in quality livestock nutrition and specialty feed, and we are excited to support them on their journey of growth and innovation.
“At Convent Capital, we believe in generating both financial returns and positive environmental impact by supporting businesses dedicated to improving the sustainability and efficiency of the food system. Harbro’s focus on innovative, performance-driven and sustainable nutrition, coupled with its leadership in research, strongly aligns with this mission.”