Netherlands headquartered, Agrifirm Group, is to acquire feed player Bacutil in Poland, citing growth in Central and Eastern Europe as a key strategic priority and the rationale behind the move.
European compound feed producers need to invest or collaborate with other parties to broaden their product portfolio and to ensure their sales teams are up to speed on nutritional advice as the total number of livestock farms in Europe decreases, says...
Global feed producer, De Heus, said it has strengthened its position in the east of the Netherlands by taking over family owned feed producer, Coops Mengvoeders.
Dutch group, ForFarmers, has continued its recent expansion drive in the UK through the acquisition of a feed and forage business in a deal valued at €19.3 million ($23.8m).
Dutch feed group, ForFarmers, said it is not ruling out further acquisitions in the UK, following the recently announced rebranding of its operations in that market.
As Nutreco announces it is to hold onto its Iberian business for the foreseeable future, a Dutch broker says management at the feed company has been ‘clumsy’ in the execution of the divestment process.
Dutch feed firm, ForFarmers, saw a dip in profits in 2013 due to adverse currency effects, higher volatility in commodity prices and lower profit margins in Belgium and Germany.
The recent acquisition of HST Feeds in the UK shows leading compound feed manufacturer ForFarmers to be unwavering in its goal of European sector consolidation.