The largest vertically integrated meat and feed producer in Russia, the Cherkizovo Group, has been accused by that country's authorities of illegally understating tax rates and the siphoning off $5m to an offshore company.
France’s InVivo group said it has attracted €215m ($235.3m) from investors for its animal health and nutrition division, InVivo NSA, led by private equity firm Eurazeo, now confirmed as the leading minority shareholder in that business.
This week has seen shareholders in Nutreco such as Dutch pension group, APG, call on the Dutch fish and animal feed manufacturer to open its books to Cargill and Permira, the potential contenders to a €3 billion ($3.7bn) acquisition bid by SHV Holdings.