Hi-Pro Feeds LP, a Okotoks, Alberta-based manufacturer and distributor of specialty feeds, pre-mixes, supplements, and commodity ingredients for dairy and beef cattle, poultry, swine, and other livestock, has completed its first year in operation, “achieving an aggressive target”, according to the company. Hi-Pro, formerly a division of Viterra Inc., was established in April 2012 through a management buyout backed by Canadian private equity firm Birch Hill Equity Partners.
Hi-Pro Feeds celebrates success
Hi-Pro Feeds recently celebrated completion of its first year in operation, materially achieving an aggressive target.
Hi-Pro formerly was a division of Viterra, a large producer and marketer of commodities. It used to trade under the name Unifeed and Unifeed Hi-Pro Inc.
In April 2012, the division was spun off from Viterra following a management buyout backed by the investment firm Birch Hill Equity Partners. The company was renamed Hi-Pro Feeds after the existing U.S. brand.
Hi-Pro’s 429 employees manufacture, sell and distribute animal nutrition products and services to more than 10,000 customers who range from hobby farmers and lifestyle animal customers to large commercial livestock producers. The latter include dairy, beef, swine and poultry farmers, as well as horse and specialty products, such as fish and pet food.
Headquartered in Okotoks, Alberta, Hi-Pro Feeds has 14 facilities across western Canada and the southwestern United States, including at Friona and Clovis, N.M.
Although Hi-Pro Feeds is a new company, its roots go back to the first feed mill acquired in 1942 in Edmonton, Alberta, Canada.
“The long history and depth of relationships with customers has been a major factor in our success”, said CEO Daren Kennett. “The loyalty of our customers and commitment of our employees have been the catalyst for our significant first year growth.”
Currently, 72 percent of employees are investors in the company.
Source: Hi-Pro Feeds
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