Fast Genetics acquires Acuity Ag Solutions from The Maschhoffs
Carlyle-based The Maschhoffs, one of the largest family-owned hog producer networks in North America, has announced that Acuity Ag Solutions, a subsidiary company of Maschhoff Family Foods, has been acquired by Fast Genetics, a subsidiary of STgenetics.
SDR Ventures served as the exclusive sell-side advisor to Acuity and Maschhoff Family Foods throughout the transaction process.
The Maschhoffs formed Acuity in the mid-2000s to select a pig that was more fit for their commercial production system. The success of their selection program led to the launch of Acuity Ag Solutions. Acuity will now join Fast Genetics with the goal of becoming the most technologically advanced swine breeding stock company in the world. Current, as well as new customers, can look forward to a wider variety of breeding stock, faster genetic improvement from new breeding programs, and even better customer service from a larger team to support their needs.
Acuity will continue to be the primary supplier of genetics for The Maschhoffs system focused on producing a “full value” pig. They are credited for developing a novel genetic selection program. Fast Genetics and Acuity share the same belief and passion for delivering the most value to customers.
“We are excited about this next phase of genetic development within The Maschhoffs system. This new alignment with Fast Genetics will add considerable value to our pork value chain” said Dr. Bradley Wolter, CEO of The Maschhoffs (shown).
“Collaboratively, we are looking forward to a bright future in maximizing the value they can deliver to producers around the world. “Our new partnership will give producers a wider variety of products to access and will increase our nucleus herd size for more rapid genetic improvement. With the best genetics and technologies, we are well positioned to grow our global distribution together,” said Juan F Moreno, CEO of STgen.
