Alltech buys out Keenan Systems
Receivers Kieran Wallace and Cormac O’Connor of KPMG accepted Alltech’s offer of c.€10m for Keenan, which went into receivership earlier this month with debts of around €14m.
“Keenan group has long been a friend of Alltech,” said Dr Pearse Lyons, Irish-born founder and president of Alltech, who said the two companies have identified shared growth opportunities, including nutritional technologies and feeding programmes focused on feed efficiency and herd health.
