Speculation about feed player's M&A strategy
An industry M&A rumor that was first reported back in May was still gaining traction in July.
It was Bloomberg that first announced that sources closed to the deal were claiming that Dutch group, Nutreco, was in advanced talks to buy the animal feed business of South Korea’s CJ CheilJedang Corporation.
We looked for comment but Julia Hart, spokesperson for Nutreco, told us then the Dutch company did not comment on speculation or rumor.
When asked about Nutreco’s ambitions in terms of the Asian market, she said that “as a healthy growing business, we keep our eyes open for all kinds of different opportunities to help us do what we are doing, and, more than that, I can’t say.”
