Acquisition

 

TIDMPAHC 
 
RNS Number : 2563O 
Phibro Animal Health Corporation 
04 March 2009 
 

For release: IMMEDIATE 
 
 
 
 
 
 
PHIBRO ANIMAL HEALTH CORPORATION COMPLETES THE ACQUISITION OF THE BALTZELL AGRI 
PRODUCTS TRACE MINERALS BUSINESS 
 
 
RIDGEFIELD PARK, New Jersey, 4 March 2009 - Phibro Animal Health Corporation 
("PAHC" or the "Company") announced today that Prince Agri Products, Inc. 
("Prince Agri"), a subsidiary of the Company, has completed its acquisition of 
the Baltzell Agri Products ("BAP") trace minerals business, which was initially 
announced on 13 February 2009. 
 
 
BAP is a manufacturer and marketer of an extensive line of trace minerals, trace 
mineral premixes, selenium premixes and other nutritional ingredients to the 
animal feed and pet food industries in the United States. The products generally 
are mixed with animal feeds and pet foods to fortify and enhance their 
nutritional value. BAP serves customers in all animal feed segments, including 
cattle, dairy, swine, poultry, and companion animals. BAP produces trace mineral 
premixes at its blending facility in Omaha, Nebraska, with a workforce of 50 
employees. 
 
 
The transaction closed on the same terms as previously announced 
 
 
ABOUT THE COMPANY 
PAHC is a diversified global manufacturer and marketer of a broad range of 
animal health and nutrition products to the poultry, swine and cattle markets. 
PAHC is also a manufacturer and marketer of performance products for the 
ethanol, wood preservation and personal care industries. For more information, 
please visit www.pahc.com. 
 
 
For further information please contact: 
 
 
+------------------------------------------------+--------------------------+ 
| Phibro Animal Health Corporation               | [phone]          | 
| Richard Johnson, Chief Financial Officer       |                          | 
| [e-mail]                    |                          | 
+------------------------------------------------+--------------------------+ 
|                                                |                          | 
+------------------------------------------------+--------------------------+ 
| Panmure Gordon (UK) Limited                    | [phone]     | 
| Andrew Godber                                  |                          | 
| Rakesh Sharma                                  |                          | 
|                                                |                          | 
+------------------------------------------------+--------------------------+ 
 
 
FORWARD-LOOKING STATEMENTS 
This announcement contains forward-looking statements, including statements 
regarding management's expectations and beliefs regarding the future results or 
performance of the Company. Because these statements apply to future events, 
they are subject to risks and uncertainties. When used in this announcement, the 
words "anticipate," "believe," "estimate," "expect," "expectation," "project," 
"intend" and similar expressions are intended to identify such forward-looking 
statements. Our actual results could differ materially from those projected in 
the forward-looking statements. Additionally, you should not consider past 
results to be an indication of our future performance. We do not intend to 
update any of the forward-looking statements after the date of this announcement 
to conform these statements to actual results, to changes in management's 
expectations or otherwise, except as may be required by law. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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