3 August 2021 - South Korea’s Easy Holdings has acquired Illinois-based animal nutrition company Furst-McNess Co.
Furst-McNess is a 113-year-old family-owned business offering specialty ingredients, premix, and young animal feeds for the swine, poultry, and cattle markets. It operates 12 facilities across eight states and Canada, and produces over 2 million tons of vitamin and mineral premixes, starters, commodity blends, other manufactured feeds, feed ingredients, wet brewers grains, and specialty feeds annually. The company will retain its name and continue to operate as a stand-alone business.
“Easy USA brings to Furst-McNess significant international distribution channels, financial resources and a new range of ingredients and products we can now offer in North America,” said FMC Board Chairman Eddie Wells. “Conversely, FMC provides Easy USA with a substantial presence in the U.S. animal nutrition industry from which it can now expand.”
“We are a ‘hands off’ type of owner and are here to assist Furst-McNess in expanding its product offerings and distribution, both in North America and internationally,” added Stevenson Hwang, CEO of Easy USA Holdings.
Easy Holdings is a $2 billion publicly traded animal nutrition company whose business units include feed additives company Pathway Intermediates, and several feed production operations at home and abroad (including DFS Oskaloosa, an Iowa grain and feed company), as well as livestock and arable farming operations.
