Company News: Page 11

Cargill to cut global workforce by 5%

Company says it must realign its talent and resources to maximize its efficiency.

Brand Insights

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Mergers & Acquisitions

Granite Creek broadens portfolio with Global Animal Products buyout

Granite Creek Capital Partners LLC has made an investment supporting the management buyout of Global Animal Products (GAP), a manufacturer of feed additives for the beef, dairy and poultry markets.

Mergers & Acquisitions

Elanco acquires Speke contract manufacturing facility in UK

The facility plays a vital role for Elanco in producing several farm animal product lines, representing approximately US$160 million to US$180 million in annual farm animal revenue, primarily outside the U.S., the company said.

Gary Arnold to be next CEO of South Africa’s Astral Foods

The company’s chief operating officer has been chosen to succeed Chris Schutte, who is retiring.

Sustainability in Feed Production

McDonald’s, Syngenta, Lopez Foods collaborate on sustainable beef

The collaboration aims to increase feed efficiency and reduce the amount of greenhouse gas (GHG) emissions released per pound of meat produced, as part of efforts to improve the sustainability of beef production.

Animal Feed Manufacturers

BioMar's parent considers separate listing for aquafeed subsidiary

With its financial report for the latest quarter, Schouw & Co. announces it is considering a separate listing of its aquafeed subsidiary, BioMar.

Salmon Swimming

Animal Feed Manufacturing

Format Solutions integrates DSM-Firmenich’s Sustell in formulation software

DSM-Firmenich’s Animal Nutrition & Health division, alongside Format Solutions, a provider of integrated formulation and feed ERP software, have announced a strategic alliance aimed at quantifying and managing the environmental impact of animal feed.

Animal Feed Additives & Ingredients

Italy's Ittinsect rebrands, shifts focus beyond insects

The price point for insect protein remains high, but blending with oil and biofuel byproducts could yield competitive new products, Ittinsect CEO says.

DSM-Firmenich receives market authorization for Bovaer in Japan

DSM-Firmenich methane-reducing feed additive, Bovaer, has received market approval for use with dairy and beef cattle in Japan.

Holstein Cows Feeding

Mergers & Acquisitions

Phibro completes acquisition of Zoetis’ medicated feed additive business

Phibro Animal Health Corp. has completed its acquisition of the medicated feed additive product portfolio and certain water-soluble products from Zoetis Inc.

Merger Acquisition 2

Foundation Analytical Laboratory expands feed analysis portfolio

Foundation Analytical Laboratory (FAL), an independent, third-party contract testing laboratory, has expanded its feed analysis portfolio to better serve clients in the dairy and livestock industries.

Perstorp Group names Ian Atterbury to lead animal nutrition unit

Atterbury will join the company as senior vice president, effective January 13, 2025, to succeed Aart Mateboer, who retired this year.

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