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Equinome purchased by Irish company Plusvital

THE bloodstock genomic testing company Equinome has been acquired by leading Irish equine nutrition company Plusvital.

The newly expanded Plusvital will invest in the development of novel equine genomic tests, innovative nutraceuticals and other equine performance and health products.

The existing research team led by co-founder Dr Emmeline Hill will recruit additional highly-qualified researchers and sales and marketing staff. The combined business will employ over 35 highly qualified scientists and professionals by the end of 2017.

Plusvital, established in 1975, provides nutrition and care products to the global equine industry.

Equinome, a University College Dublin spin-out company, was co-founded in 2009 by Hill and Jim Bolger. The company works with many of the world's leading thoroughbred training and breeding operations to provide genomic information to maximise the potential success of individual racehorses.

Mike Shelly chief executive of Plusvital said: "The acquisition of Equinome will enable the business to leverage its global sales and marketing network. The business will expand through the research, development and launch of unique product offerings in addition to our current range of supplements and genetic tests.

"We are delighted that Equinome is becoming part of Plusvital at this exciting stage in the growth of both companies. We have a suite of novel products and services that we will bring to market in 2016 and we will continue to invest heavily in our research and development pipeline."

Dr Hill, Plusvital's new chief science officer added: "The merger of Plusvital and Equinome represents a transformative step forward in the development of a world-leading equine sciences company that will deliver ground-breaking new services in equine performance and health management, including the exciting emerging field of nutrigenomics."

 

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