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Alltech

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Alltech
Company typePrivate
IndustryAnimal health and nutrition, crop science, beverages
FoundedNicholasville, Kentucky, United States 1980
Headquarters
Nicholasville Edit this on Wikidata
Key people
Pearse Lyons Founder; Deirdre Lyons, Co-Founder; Mark Lyons, President
Number of employees
6,000[1]
SubsidiariesEFOR
EMF Nutrition
Lexington Brewing and Distilling Company
Masterfeeds LP
Ridley Inc.
Websitehttp://www.alltech.com

Alltech is an American company, headquartered in Nicholasville, Kentucky, with operations in animal feed, meat, brewing, and distilling.[2] Alltech develops agricultural products for use in both livestock and crop farming, as well as products for the food industry. Alltech operates under three main divisions: animal nutrition and health; crop science; and, food and beverage.

Company history

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Alltech was founded by biochemist Pearse Lyons[2] in 1980 in Lexington, Kentucky. Lyons was born in Dundalk, Ireland and was educated in University College Dublin and the University of Birmingham, England, where he received a PhD in the biochemistry of yeast.[3][4] In 1980, he founded Alltech[2] and the company began to supply biotechnology-derived ingredients to the livestock and poultry feed industry. The company opened its first international office, in Ireland, in 1981.[5][6] In 1994, Alltech opened its first Asia-Pacific office in Beijing, China.[7] Alltech opened a European Bioscience and Marketing Centre facility in Dunboyne, Co. Meath in 2009.[8]

In 2015, Alltech acquired Ridley Inc, an animal nutrition business.[9]

In 2018, Mark Pearse Lyons became chairman and president of the company after his father, founder Pearse Lyons, died.[10]

Lyons Farm

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The Lyons Farm meat brand[11][12] was launched in 2012 as a partnership between Alltech and Critchfield Meats.

Lexington Brewing and Distilling Company

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In 1999, Lyons reopened the Lexington Brewing Company.[13][14][15] In 2011, Lyons launched Town Branch Bourbon, named after the waterway on which Lexington is founded.[16][17] In 2012, Alltech announced it would establish a whiskey distillery in Bagenalstown, Co. Carlow, Ireland.[18][19][20]

Alltech FEI World Equestrian Games

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Alltech became the first title sponsor of the 2010 FEI World Equestrian Games,[2][20] the biggest sport horse event in the world, reputedly at a cost of $32m. The company is also the title sponsor of the 2014 Games, in Normandy, France, during end of August and beginning of September.[21][22]

The Pearse Lyons Accelerator

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Launched in 2016, The Pearse Lyons Accelerator is a startup accelerator that provides a four-month program for late stage agritech startups. In its first 3 years it has accelerated 22 startups, having received 251 applications from 53 countries for its 2019 edition. Alltech runs this accelerator to keep up to date with technologies, motivate Alltech staff, showcase thought leadership and create win-wins for its customers. The accelerator is run by Irish startup hub Dogpatch Labs.[23][24]

References

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  1. ^ "One-on-One: Alltech Will Continue to Grow by Improving the Food Chain". 28 August 2018.
  2. ^ a b c d "Company Overview of Alltech". Inc. Bloomberg Businessweek. Archived from the original on April 24, 2009. Retrieved 10 October 2013.
  3. ^ "Irish America". Retrieved 16 October 2013.
  4. ^ "Company Overview of Alltech". Bloomberg Businessweek. Retrieved 16 October 2013.[dead link]
  5. ^ "Farm Tours". Dairy Solutions Symposium. Archived from the original on 8 September 2012. Retrieved 16 October 2013.
  6. ^ "The Irish Times Top 1000 Our Guide to Irish Businesses". The Irish Times. Retrieved 16 October 2013.
  7. ^ "Alltech picks up business award". The Meath Chronicle. 21 October 2009. Retrieved 16 October 2013.
  8. ^ "Alltech opens in Dunboyne". Irish Independent. 20 May 1999. Retrieved 16 October 2013.
  9. ^ Patton, Janet (23 April 2015). "Alltech buys Minnesota-based Ridley Inc. for $426 million". Lexington Herald Leader.
  10. ^ Mann, David (8 March 2018). "Alltech president and founder Pearse Lyons dies". Louisville Business First. Retrieved 2019-12-12.
  11. ^ "Alltech to offer beef, poultry products". MeatPoultry.com. Retrieved 16 October 2013.[permanent dead link]
  12. ^ "Alltech announces new brand: Lyons Farm beef and poultry". Kentucky.com. Retrieved 16 October 2013.
  13. ^ "Maker of Town Branch joins Kentucky Bourbon Trail". Fox News. Retrieved 16 October 2013.
  14. ^ "Lexington Brewing & Distilling Co. joins Kentucky Bourbon Trail". The Lane Report. 16 August 2012. Retrieved 16 October 2013.
  15. ^ "Official says Lexington's bourbon distillery is a 'grand slam' for city". Kentucky.com. Retrieved 16 October 2013.
  16. ^ "Look out Brown-Forman: Alltech adds Town Branch Bourbon to its line of whiskey, beers and liqueur". InsiderLouisville.com. Retrieved 16 October 2013.
  17. ^ "Alltech planning $40 million expansions of distillery, Nicholasville HQ". lanereport.com. 16 November 2012. Retrieved 15 October 2013.
  18. ^ "US whiskey maker moves to Ireland". Irish Examiner. 30 August 2012. Retrieved 15 October 2013.
  19. ^ "Carlow Brewing / Alltech Distillery". liquidirish.com. Archived from the original on 2014-04-15. Retrieved 23 June 2013.
  20. ^ a b "Alltech ships whiskey stills from Kentucky to Ireland". www.smallbusinesscan.com. Retrieved 15 October 2013.
  21. ^ "Alltech Signs As Title Sponsor Of 2014 WEG". Retrieved 1 January 2013.
  22. ^ "Alltech Signs for Title Sponsorship of 2014 World Equestrian Games". www.eurodressage.com. Retrieved 7 August 2011.
  23. ^ "Pearse Lyons Accelerator selects startups leading ag-tech". AGDAILY. 2019-02-06. Retrieved 2019-11-06.
  24. ^ "The Pearse Lyons Accelerator Investor Profile: Portfolio & Exits | PitchBook". pitchbook.com. Retrieved 2019-11-06.
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