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Press releases - News

Expansion of pig farming in Paraguay: Hugo Schaffrath discusses arrival of Costa Food Group

12-Dec-2025

A historic moment for Paraguayan pig farming. The entry of Grupo Costa Food, Spain's second-largest meat group, into Granja San Bernardo marks the beginning of an unprecedented expansion project with the goal of reaching 40,000 breeding sows and transforming Alto Paraná into a new production hub. In an exclusive interview, Hugo Schaffrath reveals how the partnership came about, what motivated the investment, and the expected impacts for the sector and the country.

PAI Partners acquires Innovad Group from IK Partners

09-Dec-2025

PAI Partners, a pre-eminent private equity firm, announces that it has entered into a definitive agreement to acquire Innovad Group, a global specialty animal feed additives player, from IK Partners, a leading European private equity firm. PAI is acquiring its stake from the IK IX Fund. The Innovad Group management team, led by Ben Letor, will reinvest as part of the transaction.

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