USA – Wind Point Partners-backed Pestell Nutrition has acquired Origination O2D, a Minnesota-headquarted value‐added distributor of animal feed ingredients.

Pestell Nutrition said that the acquisition of O2D is a highly strategic move to the company and will support numerous facets of the company’s value creation and growth plan.

O2D represents Pestell Nutrition’s first US-based acquisition and therefore an important step for the company to pursue growth opportunities in the world’s largest animal feed market.

O2D is also a distributor of branded proprietary feed products across the Midwest and broader US.

The company will also offer significant logistical advantages, with distribution capabilities across rail, river, and truck, creating opportunities to augment PN’s supply chain and improve its cost basis.

O2D also augments PN’s existing product portfolio by adding branded proprietary products with actionable opportunities for continued customer penetration, cross sales, and international distribution.

Jerry Vergeer, Pestell Nutrition CEO, commented, “O2D is a perfect fit with Pestell Nutrition.

“The acquisition helps us continue our strategic vision of building the leading provider of animal nutrition solutions and products across the US and Canada.

“We believe O2D is poised for continued growth and look forward to partnering with the O2D team to further expand our combined business.”

Paul Peterson, Managing Director at Wind Point Partners, stated, “We are excited about the acquisition of O2D.

“The combined business provides compelling growth opportunities with a broader proprietary product portfolio as well as a more expansive geographic footprint.

“O2D will be an integral component in achieving our future initiatives, particularly as it relates to optimizing our product and sales mix as well as further penetrating the U.S. market.”

O2D is the third acquisition for Pestell Nutrition since Wind Point’s original investment in June 2018.

The investment followed the August 2019 acquisition of Pro Ag products, a Canadian distributor of branded feed additive products, and the November 2019 acquisition of Premier Ag Resources, a value‐added distributor of specialty pet food ingredients and feed additives.

John Fallin, O2D’s CEO, commented, “We look forward to the combination of Pestell Nutrition and O2D as this transaction unlocks numerous opportunities to grow the platform and better serve our combined customer base.

“We believe Pestell Nutrition is the right fit for O2D and the formation of this partnership represents a meaningful step forward for the business and our entire team as we enter the next phase of growth.”