Funds advised by Motion Equity Partners announced today the entry into exclusive negotiations with EW GROUP (a global family holding company with more than 300 subsidiaries operating in the life science sector) with a view to divesting Olmix Group, a leader in natural based animal care and plant care solutions.
Olmix, headquartered in Brehan, Brittany, France, is a global company specialized in developing, producing and distributing high-value biosourced solutions for livestock and crop farming. Thanks to its ranges of finished products and ingredients, Olmix is a privileged partner of farmers, distributors and agri-supply manufacturers on an international scale to enable smart and sustainable agriculture.
“It has been a pleasure working closely together with Olmix Management to grow the company internationally. It has been a successful partnership, and we are very happy to see that EW GROUP would continue to support that journey.”, commented Patrick Eisenchteter, Managing Partner of Motion Equity Partners.
“We are extremely excited about the prospect of welcoming Olmix employees to EW GROUP. Over the years the company has developed unique and innovative solutions and has become a leader,” commented Jan Wesjohann, Managing Director at EW GROUP. “We intend to accelerate and support the positive growth path of Olmix as a standalone company in the group next to EW Nutrition.”
As part of the contemplated partnership, EW GROUP and Olmix would be committed, based on the EW GROUP principles, to invest in new technologies, R&D and expansion of its international structures.
Completion of the proposed transaction remains subject to customary consultation processes and relevant regulatory approvals, where applicable.
