Zoetis Inc., a former business unit of Pfizer and an NCC allied leader member company, announced recently the completion of an agreement to purchase substantially all of the assets of Advanced Food Technologies LLC. Financial terms of the agreement were not disclosed.
Advanced Food Technologies is a privately owned, specialty chemical company for food processors. It provides post-harvest, food safety solutions and services in meat and poultry processing, along with offering hoof care products for the dairy industry. The acquisition adds new technology to the Zoetis portfolio of vaccines, medicines, diagnostics, and genetics.
“Zoetis has a long proven history of delivering innovative products for the production of healthy farm animals. With AFT’s products, we will now provide proven food safety technologies in processing facilities for use after these animals are harvested,” said Clint Lewis, executive vice president and U.S. president for Zoetis.
“We are excited for the opportunity to leverage Zoetis’ scale and reputation to further the reach and impact that the AFT products can have on the quality and safety of meat and poultry for consumers,” said Denny Smithyman, president of Advanced Food Technologies.
