Business

Business Transitions: Nov. 30

▪ Mellow Mushroom, a national pizza and craft beer restaurant, will open its second Lexington restaurant in early 2016 in The Plaza at Lexington Green.

▪ Bates Security has acquired Kentucky Alarm Services from Ken and Sandy Duff. Both Lexington-based businesses are family-owned and -operated.

With the acquisition, Bates will add more than 1,500 customers to its customer base as well as several new employees from Kentucky Alarm.

▪ The Mail Box at Palomar Centre has been purchased by Box Stop Shipping Centers.

Box Stop, located on Lansdowne Drive, has served Lexington since 1985 as an independent packing and shipping center and has been recognized as a top Fed-Ex shipper for eight consecutive years. Shipping options by all major carriers are offered as well as packing services and supplies. Custom box making and large item freight services are available through the company’s warehouse location in Nicholasville. The addition of the Palomar Centre location enables Box Stop to more easily service residents and businesses of south Fayette and north Jessamine Counties. For more info, go to Boxstoplexington.com.

▪ Alltech and Masterfeeds have entered into a share purchase, under which Alltech will acquire 100 percent of the outstanding shares of Masterfeeds from Ag Processing Inc. This will provide Alltech complete ownership of Masterfeeds LP, a commercial animal nutrition company in Canada.

Masterfeeds further strengthens Alltech’s presence in Canada by creating one of the country’s largest animal nutrition offerings. Alltech, Masterfeeds and EMF Nutrition, another Alltech-owned Canadian company, employ approximately 700 Canadians, operating 25 feed manufacturing and premix facilities, nine retail locations and seven distribution centers in a business spanning the entire country.

Masterfeeds will continue to be headquartered in London, Ontario, Canada, and led by its current Chief Executive Officer, Rob Flack. In addition, Alltech’s own entity, Alltech Canada, remains headquartered in Guelph, Ontario, serving the entire Canadian feed industry.

Compiled by Dorothea Wingo

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