(Press Release) Agribusiness private equity firm Aqua Cpaital has acquired a controlling stake in Yes, a Brazil based animal food manufacturer.
Investment will allow for the company to open two plants; company will be the first in the world to make four different types of prebiotics Aqua Capital, private equity fund operating in the agribusiness, food and logistics industries in Brazil and the Southern Cone, has just acquired the controlling stock of Yes, manufacturer of food additives for animal feeding. The company focuses on products that improve animal performance and health—such as mycotoxin adsorbents, prebiotics, and organic mineral complexes—for several types of livestock. The company is 100% Brazilian and exports to 14 countries, notably South Korea and Latin American markets.
With Aqua’s investment, Yes will open two plants in the interior of São Paulo state by the end of 2017, in the cities of Lucélia and Bora, and will expand its line with new types of prebiotics, becoming the first company in the world to make four different types of prebiotics for animal feeding.
“This proves Yes’s innovation capacity, reason why we have invested in the company, the only in Brazil to offer chelated minerals, whose demand has been increasing,” said Sebastian Popik, founding partner, Aqua Capital. “Yes is a growth and innovation platform in the animal nutrition industry, and has a team of unique capacity,” he added.
Selling in the whole country, Yes was founded in 2009. In addition to Aqua, the company’s other partners are Victor Abou Nehmi Filho, the company’s CEO since 2015, and Gabriel Jorge Neto, Executive Technical and Sales Officer. “We are very happy with the arrival of Aqua. The background and knowledge the fund’s partners have on agribusiness make Aqua the best choice in our growth strategy,” said Nehmi Filho. “With Yes’s innovation capacity and Aqua’s experience, we believe 100% in our expansion trajectory,” Jorge Neto added.