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Hubbard Feeds
Ridley Inc. is an American-based company that manufactures and markets a broad range of complete feed rations, nutritional supplements, feeding blocks and vitamin/mineral premixes directly to livestock producers and through dealer organizations from 29 production plants in the United States. The company has corporate offices in Mankato, Minnesota, United States. It has a Canadian registered office in Winnipeg, Manitoba. Ridley Inc. was formed in 1994 as a subsidiary of Ridley Corporation Limited of Australia on its acquisition of Winnipeg-based Feed-Rite Mills, a livestock and poultry feed manufacturer with operations in Manitoba, Saskatchewan, Alberta and Ontario. Since 1994, Ridley has grown through the acquisition of other animal nutrition businesses in Canada and the United States, including Zip Feeds in 1996, Hubbard Feeds in 1997, Wayne Feeds in 2000, Sweetlix in 2004, McCauley Bros. in 2006, 4 Seasons Marketing in 2008 and Stockade Brands in 2012. In 2012, Ridley Inc. and Lon ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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