Maxximilk News
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Godrej Agrovet acquires majority stake in Israeli bio-tech firm Maxximilk VCCircle
Godrej Agrovet Ltd has acquired a majority stake in Israeli bio-tech firm Maxximilk Pvt Ltd. Maxximilk specializes in in-vitro production of high-quality embryos that aid dairy farmers in producing top-quality milk. The financial details of the transaction were not disclosed. Godrej Agrovet is a diversified agri-business company that produces feed and nutritional products for dairy cattle, poultry, and aquaculture. It also has palm oil plantations and makes hybrid seeds. The acquisition of Maxximilk will contribute to the growth of Godrej Agrovets animal feed business vertical.
Acquisition
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Israel firm plans surrogate cow farm near Mumbai to help boost milk output
AlefBet Planners Ltd., an Israeli company, is starting a surrogate cow farm near Mumbai to meet the growing demand for milk from Indias middle class. The farm will house 40 Holstein cows as egg donors and 450 surrogates that will carry the embryos to term. Calves born at the farm will be sold to Indian farmers. Indias milk production falls short of demand due to low genetic potential and a low-output system. AlefBet Planners is collaborating with Maxximilk and Indias Godrej Group, specializing in in-vitro fertilization of cows. The project is unique and complicated due to the need to combine advanced technology with the principles of the Hindu faith.
Customers
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http://www.jpost.com/Israel-News/Israeli-company-helps-increase-Indian-dairy-yields-500439
Maxximilk Ltd., an Israeli company, is partnering with Godrej Agrovet Ltd. in India to produce genetically superior embryos for surrogate heifers. The embryos are genetically predisposed to withstand hot weather conditions and produce greater quantities of top-quality milk. Maxximilk has set up a production facility in Maharashtra, India, and is currently producing female embryos using sex-sorted semen from the United States and Canada. The company plans to establish more breeding centers in different states in India to improve indigenous Indian breeds and increase milk production. The partnership with Godrej Agrovet has allowed Maxximilk to transfer its technology to India and tap into the countrys large dairy industry.
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