Investments Funding & M&A

Baiada Group has also agreed to purchase the Wasleys feed mill in South Australia from Ridley Corporation Ltd. for AUD22 million (US$14 million).

Developed with insights from veterinary specialists and tested across various breeds, the dry food product has been tailored specifically to meet the nutritional needs of Indian pet dogs.

Innolab is divided into three core divisions, FOOD, FEED, and DATA, each targeting a distinct area of transformation.

Although H5N1 remains rare in humans, its detection in cattle has raised alarm among public health experts, prompting calls for closer monitoring of those in direct contact with livestock.

The feed mill is expected to become operational by the second half of 2026, followed by the flour mill in the second half of 2027.

Its mission is to accelerate vaccine innovation for diseases often overlooked by mainstream pharmaceutical companies.

This livestock production unit will help meet the rising demand in animal feed to support the growing protein needs of this North African country.

As part of its broader portfolio evolution, the company confirmed the ongoing exit from the Animal Nutrition & Health segment is “advancing as planned.”

This development is part of CP Foods’ broader Agri-Tech strategy to fast-track the adoption of sustainable energy sources across its Feed, Farm, and Food business lines.