ABS acquires Brazilian company

ABS Global of DeForest has acquired 51% of In Vitro Brasil S.A., a biotechnology company founded in 2002 to produce bovine embryos using in vitro fertilization. IVB operates in 13 countries, including the U.S.

“This partnership allows us to offer our customers a comprehensive genetic solution with real-world economic benefits,” said ABS Chief Operating Officer Saskia Korink, in a release. Terms were not disclosed.