Mergers & Acquisitions: Page 19

Feed Mill Management

Fane Valley acquires Smyths Daleside Animal Feeds

Northern Ireland-based cooperative, Fane Valley, has announced it has agreed to acquire Robert Smyth & Sons Ltd. of the Republic of Ireland, in a deal that includes the latter’s animal feed business.

Mergers & Acquisitions

Cargill to acquire swine feed producer in Brazil

The transaction should be completed in the coming weeks, depending on the regulatory approvals of the Administrative Council for Economic Defense (CADE).

Feed Production by Region

ADM to cut jobs at recently acquired Neovia

Archer Daniels Midland Co. (ADM) plans to cut 127 positions at Neovia in France, according to a Reuters report.

Mergers & Acquisitions

BioMar acquires Chilean aquafeed factory

BioMar Group has acquired the 50% remaining shares in the Chilean factory Alitec Pargua. The transfer of shares took place June 7, leaving BioMar as the sole owner of the former joint venture.

Animal Feed Manufacturers

Vilofoss acquires Spanish company CPC

Vilofoss, one of the three largest premix and nutrition companies in the European market for livestock production, has just acquired Complementos de Piensos Compuestos (CPC), a Spanish family-owned business. CPC produces 15,000 tons per year with a turnover of DKK120 million (US$17.9 million).

Mergers & Acquisitions

Wenger, Hoober Feeds/L&K reach investment, asset purchase agreement

Phil Rohrbaugh, CEO of The Wenger Group Inc., and Brad Wagner, president of John J. Hoober Inc. dba Hoober Feeds and of L&K Mills Inc., have reached a joint agreement in principle with respect to a proposed business arrangement between the companies.

Mergers & Acquisitions

Country Junction Feeds to acquire Federated Co-operatives mill

Canada’s Country Junction Feeds, headquartered in Wetaskiwin, Alberta, has announced a major expansion of its operations with the agreement to acquire the Federated Co-operatives Ltd. (FCL) feed mill in Edmonton, Alberta.

Animal Feed Manufacturers

Lantmännen finalizes acquisition despite poor 2018 harvests

While its bottom line in 2018 was hit by a prolonged drought, Sweden-based grain company, Lantmännen has completed the acquisition of a specialty oat mill and manufacturing plant from British sugar concern, Tate and Lyle.

Mergers & Acquisitions

BioMar to acquire Chilean aquaculture feed plant

BioMar will acquire the remaining 50 percent of shares in the Chilean aquaculture feed factory APSA, pending approval from authorities. The deal will create additional capacity for BioMar in Chile.

Animal Feed Manufacturers

Royal De Heus enters joint venture with Ukrainian animal feed firm

Royal De Heus signed an agreement on March 4 to acquire a majority stake in D-Mix in Ukraine.

Mergers & Acquisitions

Poultry, animal feed mergers and acquisitions for February

Find out about merger and acquisition activity in the poultry and animal feed industries in February.

Mergers & Acquisitions

Cooke Aquaculture acquires Latin American shrimp farms

Cooke Inc., a New Brunswick company and parent of Cooke Aquaculture Inc., has completed its acquisition of the business of the Seajoy Seafood Corp. group, one of the largest vertically integrated, premium shrimp farms in Latin America.

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