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With its products and services already available in 65 countries, AB Agri is embarking on an ambitious international growth strategy to become a leading and influential force in the global agri-food sector.
With a growing global population estimated to require up to 70% more food by 2050, and climate change and extreme weather conditions adversely impacting food production, the agri-food industry is facing significant challenges. To help address this, AB Agri is developing better technologies and exploiting the applications of data and digitalisation, which will improve the productivity and efficiency of its global supply chains, and the production of food.
At the start of 2019, AB Agri established a new entity, Intellync, which brought together our existing businesses AB Sustain and Agridata. Intellync’s goal is to deliver connected intelligence that bridges the gap between people, data and technology in agriculture. More recently, we announced Kilkenny, Ireland as the location of a new Technology Centre for Intellync. Due to open in late 2020, this new Technology Centre will develop new generations of technology solutions that improve farm performance and drive continuous improvement across agricultural supply chains globally.
We aim to expand our global operations through the creation of operational hubs in our key overseas markets. These hubs will enable AB Agri to roll out its products and technology platforms, grow sales and market share in new countries.
In south east Asia we have set up a commercial entity to serve Vietnam. In central and eastern Europe, our acquisition in 2019 of a specialist baby animal nutrition business and production plant in Poland will accelerate the establishment of an AB Agri hub from which to grow new business. This builds on our existing presence in the region with our neonates nutrition business, AB Neo, in the Czech Republic and demonstrates a belief in the future of livestock farming in Poland and the surrounding countries.