Abris Capital Partners signed an agreement to sell its stake in Patent Co, including patented high value-add feed additives, to RWA Raiffeisen Ware Austria.
Patent Co is the leading animal nutrition business in Central and Eastern Europe and employs around 250 staff across facilities in Southeast Europe.
Abris invested in the business at the end of 2015 with a strategy to turn it into a multinational player and global distribution reach.
Thus, Abris invested in new state-of-the-art factories for compound feed and premixes, tripling capacity.
During this period, Patent Co entered 43 new markets, tripling international sales, which now span six continents.