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Hypor extends leadership in Duroc breeding with acquisition of Designed Genetics
Hypor is pleased to announce the acquisition of Designed Genetics. Designed Genetics, based in Lockport, Manitoba (Canada), is widely recognized as a leader in Duroc breeding, with a growing share of the Duroc boar market globally. The Designed Genetics Duroc is popular in the Americas and Asia where it has a reputation spanning more than 25 years. The company will be fully integrated into and become part of HYPOR, the swine breeding division of Hendrix Genetics. www.designedgenetics.com
Antoon van den Berg, CEO of Hendrix Genetics and Managing Director of Hypor views this purchase as a natural next step in Hypor’s stated ambition to develop the world wide market position of Hypor and deliver a complete portfolio of the highest quality genetics to a demanding market. “With Designed Genetics joining the Hypor family, our customers will see accelerated improvement in our products and will benefit from the experience and knowledge of this pioneer in Duroc breeding. With our existing Duroc population, we have brought together the best of the best”.
“The Duroc breed provides robust, fast growing animals for producers”, says Gerjan van Alst, General Manager, Hypor North America. “Just as importantly, it is a superb choice for meat producers looking for improved meat quality. We expect the inclusion of Designed Genetics into Hypor to accelerate our growth path in the Americas”.
Primary shareholder of Designed Genetics, Paul Riese, along with his family will remain active with Hypor post acquisition. “We are excited and proud that Hypor will carry on a company tradition of excellence well into the future and feel that our stakeholders are well served with this step”. “We recognize and are sincerely grateful for the commitment of all the people instrumental in the development of our business.”
Hypor is one of the world's leading suppliers of swine genetics. Hypor is committed to providing superior genetics, which support profitability in the pork value chain. With its head office located in Boxmeer, the Netherlands, the company has strategically located and interconnected breeding centers in North America, Europe and Asia.
Hendrix Genetics is a global, multi-species animal genetics company investing in technology, people and progress to deliver sustainable value to business partners, employees and society. Headquartered in Boxmeer, the Netherlands, the company has activities in layer breeding (ISA), pig breeding (HYPOR), turkey breeding (HYBRID) and poultry distribution (SFPA, Joice and Hill, Integra). Hendrix Genetics serves the global poultry and pork industry, in more than 100 countries, with wholly owned operations and joint ventures across the world in 23 countries with about 1,500 employees.
For more information, please contact:
Antoon van den Berg
Chief Executive Officer
Hendrix Genetics B.V.
Villa “de Körver”
5831 AC Boxmeer, The Netherlands, EU
Tel: + 31-485-319111
Vice President, Americas
Hendrix Genetics Inc
650 Riverbend Dr. Suite C
Kitchener, Ontario N2K 3S2