PGG Wrightson acquires leading animal health products manufacturer

PGG Wrightson (PGW) has announced the acquisition of Nexan Group for NZD 20 million. Nexan Group develops and markets a range of animal health products for livestock. The acquisition, expected to settle later this month, will see PGW continue to distribute Nexan's product range through Agritrade, PGW's wholesale trading division. PGW's CEO, Stephen Guerin, highlighted the strategic fit and commitment to supporting New Zealand farmers through innovative solutions. Nexan's current owners and directors, Gary Harrison and Jon Petherick, will continue in their roles, along with five other team members. The acquisition is aimed at supporting on-farm productivity and retaining local expertise.