RiceBran Technologies and Kentucky Equine Research
Post# of 8595
2015 deal>>>
https://www.prnewswire.com/news-releases/rice...15751.html
World Leader in Equine Nutrition Partners with Technology Leader in Rice Bran Stabilization and Processing
RiceBran Technologies (NASDAQ: RIBT and RIBTW) (the "Company" or "RBT" , a global leader in the production and marketing of value added products derived from rice bran, today announced that the Company has entered into a 10 year Exclusive Supply and Cooperation Agreement covering the North American equine market with Kentucky Equine Research ("KER" , an international equine nutrition, research, and consultation company serving horse owners and the feed industry.
Under the terms of the agreement, RBT will be the exclusive supplier of stabilized rice bran ("SRB" endorsed by KER for use as a feed and supplement ingredient in equine products sold in North America. RBT will provide manufacturing, distribution, sales and marketing expertise and KER will contribute sales and marketing expertise, technical support and research and development to the partnership.
Dr. Joe Pagan, President and Founder of KER, commented: "We are excited to enter into this agreement with RiceBran Technologies. In addition to RBT being the technology leader in rice bran stabilization, their patented processes produce a range of unique rice bran derivatives that we will jointly develop with the aim of producing high value equine supplements with targeted nutritional applications."
W. John Short, CEO & President of RBT, commented: "Dr. Pagan has built KER into the leading equine nutrition company in the world. It is a pleasure and an honor to have the opportunity to cooperate with Joe and KER to increase market penetration for both of our companies as we work to bring new, high value equine feeds and supplements to the North American equine market."
About Kentucky Equine Research
Kentucky Equine Research (KER) is an international equine nutrition, research, and consultation company serving horse owners and the feed industry. KER's goals are to advance the industry's knowledge of equine nutrition and exercise physiology, apply that knowledge to produce healthier, more athletic horses, and support the nutritional care of all horses throughout their lives. For more information about KER, please visit https://ker.com .