Purchase aligns with feed additive company’s strategy to expand its specialty feed ingredient portfolio
Adisseo has agreed to acquire FRAmelco Group, a Dutch animal feed additive company. The move aligns with Adisseo’s strategy to become one of the global leaders in specialty feed ingredients for animal nutrition.
“Today we take another step forward in implementing our growth strategy on specialties,” said Jean-Marc Dublanc, CEO of Adisseo. “We look forward to welcoming the FRAmelco management and employees with their great knowledge and expertise. Together, we will set up an efficient organization which will allow us to strengthen our global product portfolio’s competitiveness.”
The FRAmelco acquisition will bring “products, solutions and know-how to better address our customers’ current and future needs,” the Adisseo press release states.
FRAmelco Group operates three plants located in The Netherlands, Spain and Thailand, and generates gross sales of about EUR30 million (US$35.3 million) per year.
Eye on specialty feed additives
Glycerides and lysolecithins account for most of FRAmelco’s sales.
Dublanc believes the acquisition will make the company the leader in short- and medium-chain fatty acids, “a promising technology which fits perfectly with our vision of contributing to healthier animals through nutrition,” noting the added benefit of expanded global commercial coverage to better serve customers and capture market share.
FRAmelco’s industrial footprint, product range, technologies and target markets complement Adisseo’s existing portfolio, including its goal to reduce antibiotic usage and enhance animal resilience.
“We are excited to become part of Adisseo because both companies are driven by the same ambition — to deliver the most innovative and sustainable feed solutions to customers,” Lars Snijders, CEO of FRAmelco added. “By combining our strengths with those of Adisseo, we can jointly accelerate success.”
The timeline for this acquisition has not been released.