#Australia #Perth #Rumin8 #ROAM Agriculture #methane abatement

Rumin8 Expands Its Product Line through ROAM Acquisition

In a notable move for sustainable agriculture, Rumin8 has announced its acquisition of ROAM Agricultural, a company dedicated to tackling methane emissions in cattle. This acquisition marks a significant milestone in Rumin8's mission to innovate solutions for methane abatement in livestock, aligning with current global climate initiatives.

About ROAM Agricultural

Developed as a spin-out from Loam Bio Pty Ltd, ROAM Agricultural has been at the forefront of research focusing on active ingredients that effectively target methane emissions in cattle. The emphasis of ROAM’s development efforts on environmentally friendly approaches makes it a fitting addition to Rumin8's portfolio.

Insights from Rumin8's CEO

Rumin8’s CEO, David Messina, expressed optimism about this acquisition, noting how ROAM's active ingredient is complementary to Rumin8's existing products. "ROAM has focused on the same active ingredient as Rumin8 and has developed delivery formats that expand our portfolio to reach production systems that can benefit from an extended release profile," Messina stated. He further emphasized that this partnership would accelerate ROAM's products into regulatory studies and commercialization, leveraging Rumin8's capabilities and experience.

Messina pointed out that ROAM's initial focus on fungi-based technology to produce tribromomethane (TBM)—recognized as a leading agent in reducing methane in livestock—adds a new dimension to their offerings. Importantly, Rumin8 sees the potential in further diversifying product formats by providing not just granular feed supplements but also drinking water additives and slow-release solid formats, which could radically enhance overall cattle productivity while supporting environmental goals.

Strategic Collaboration and Future Goals

This acquisition also propels Rumin8’s ambitions to decarbonize livestock. With its eye on creating formulations that accommodate diverse livestock feeding systems, Rumin8 aims to mitigate methane emissions from 100 million cattle by 2030. By collaborating with key manufacturing partners, Rumin8 intends to fast-track the commercialization of ROAM’s products, ensuring they undergo formal testing and registration promptly.

Derek Peterson, CEO of ROAM Agricultural, echoed Messina's sentiments, expressing confidence in Rumin8’s roadmap to market. Peterson highlighted the critical role of this technology in supporting global climate initiatives and underscored the importance of continuity in the growth of this technology under Rumin8's experienced leadership.

Conclusion

The financial specifics of the acquisition remain confidential, but many industry experts are optimistic about the synergies the merger will create. As the agriculture sector increasingly embraces sustainable practices, the Rumin8 and ROAM collaboration is poised to contribute significantly to the reduction of methane emissions in the livestock industry, fostering a greener future for agricultural practices worldwide. The efforts of both companies exemplify how innovative approaches can harmonize economic viability with environmental responsibility. With established technology and a clear direction, Rumin8 stands at the forefront of an evolving market focused on climate stewardship.