Lyons makes a meal of Ridley
US firm Alltech, which was founded by Dundalk native Pearse Lyons, has agreed to pay almost €400m to buy a Minnesota-based animal nutrition company.
Alltech, which has interests ranging from animal feeds to beer and whiskey, will acquire Ridley in what Mr Lyons described as a "transformative transaction".
Ridley is listed on the Toronto Stock Exchange. Alltech was founded in 1980 in Lexington, Kentucky, by Mr Lyons and now has sales of $1bn (€900m)a year.