In a significant development for the swine industry, global multispecies genetics company Hendrix Genetics has signed an agreement to merge its swine division, Hypor, with Danish Genetics and its partners. This merger marks a pivotal strategic alliance aimed at bolstering their presence in the global swine genetics market and expanding opportunities for innovation and growth.
Upon completion of the merger, Hendrix Genetics will hold a majority stake, while Danish Genetics and its partners will maintain a significant portion of the newly formed entity.
A Powerful Partnership
This merger creates a dynamic collaboration between the swine divisions of Hendrix Genetics and Danish Genetics. The partnership will combine their respective strengths, expanding product portfolios, leveraging advanced technologies, and enhancing their global distribution networks. Danish Genetics, renowned for its sustainable and highly efficient swine genetics, is an ideal complement to Hypor’s mission of providing sustainable, high-quality solutions to pig producers globally.
“This step fits squarely within our Hendrix Genetics strategy of building a strong, multi-species platform. By integrating our resources with Danish Genetics, we can capitalize on our combined expertise and R&D capabilities to drive innovation and deliver exceptional value to the swine industry,” said Richard Maatman, CEO of Hendrix Genetics.
Innovation and Performance
The leadership at Danish Genetics is equally enthusiastic about the new alliance. Jan Gerber, CEO of Danish Genetics, shared his optimism, stating, “We are excited to embark on this journey with Hendrix Genetics and Hypor. By combining our resources and shared commitments to innovation and animal welfare, we aim to deliver advanced products that support producers in achieving higher performance.”
The newly merged entity is positioned to set new benchmarks for performance and sustainability in swine genetics, utilizing state-of-the-art research and highly complementary genetic populations to support pig producers in improving efficiency and profitability.
Mads Kring, Shareholder and Co-Founder of Danish Genetics, emphasized the global impact of this partnership, adding, “This strategic combination will create one of the world’s most advanced breeding companies, helping producers worldwide by delivering high-quality genetics to improve efficiency and profitability.”
A Seamless Transition for Stakeholders
The merger is expected to close in early 2025, with both Hypor and Danish Genetics committed to ensuring a seamless transition for all stakeholders. As they join forces, the companies look forward to creating lasting, positive impacts for swine producers worldwide.
About Hypor
Hypor is a global swine genetics company dedicated to delivering innovative solutions to enhance the profitability and sustainability of pig farming operations worldwide.
About Danish Genetics
Headquartered in Denmark, Danish Pig Genetics P/S drives genetic sales in over 40 countries, with a rich heritage of more than 100 years of selective breeding and cutting-edge R&D.
About Hendrix Genetics
Hendrix Genetics is a leading multi-species animal breeding company with activities across a range of species, including swine, poultry, and aquaculture. Operating in over 25 countries, Hendrix Genetics serves the protein production industry with its global network of expertise and resources.
