Mergers & Acquisitions: Page 36

Mergers & Acquisitions

AGCO to acquire Intersystems Holdings

Agricultural equipment maker AGCO Corporation has agreed to acquire Intersystems Holdings Inc., a manufacturer of commercial material handling solutions. Financial terms of the transaction were not disclosed.

Mergers & Acquisitions

CPF acquires Kaifeng Chia Tai

Charoen Pokphand Foods (CPF), under C.P. Pokphand Co. Ltd., has acquired Kaifeng Chia Tai, an animal feed business in China, for approximately US$49.8 million, and sold a noncore business, Rapid Thrive. The two deals provided a cost offset.

Mergers & Acquisitions

Wilbur-Ellis acquires Allied Premium Protein

Wilbur-Ellis Company’s feed division, a marketer and distributor of value-added feed ingredients for the aquaculture, livestock and pet food industries in North America and Asia-Pacific, has acquired Allied Premium Protein (APP), a division of Brown Packing Co. Inc. APP services the domestic and international livestock industry with high-end animal protein meals.

JBS United acquires JLM Enterprise assets

JBS United Inc. has acquired substantially all of the assets used by JLM Enterprise Inc. in the operation of its business in a deal that closed March 31.Based in Bancroft, Mich., JLM Enterprise is an industry leader in silage inoculants and feed additives for the dairy industry.

Mergers & Acquisitions

ADM to acquire remaining stake in Toepfer

Archer Daniels Midland Company announced three significant actions in the company’s ongoing portfolio management: the acquisition of the remaining stake of Alfred C. Toepfer International GmbH, an agreement to sell the company’s South American fertilizer business, and pursuit of the sale of the company’s chocolate business.“We are committed to ongoing portfolio management to realize value from our businesses and to deploy our capital where it can best improve returns,” said ADM Chairman and CEO Patricia A. Woertz.

Mergers & Acquisitions

ForFarmers acquires HST Feeds

ForFarmers announced February 3 that it has acquired 100percent of the share capital of HST Feeds Ltd. The price paid is based on an enterprisevalue of €15 million (US$20.2 million) including cash.

Connell Bros. acquires Enzyme Solutions

Connell Bros. Co. Australasia Pty Ltd., a subsidiary ofWilbur-Ellis Company, announced on January 16 that it has acquired the businessof Enzyme Solutions Pty Ltd. based in Melbourne. The acquisition will expandthe company’s ingredient portfolio within a wide range of industries, includingfood, home care, animal feed, and industrial applications.

Adifo strengthens market position in China and the US

Adifo, a Belgian company specializing in software forthe food and feed industries, is about to acquire U.S. company BrilliantAlternatives and Chinese company Brill Resellers. The negotiations have enteredthe final stage. The acquisition will help Adifo significantly strengthen itsinternational position.

Mergers & Acquisitions

Adifo’s acquisition of Brilliant Alternatives, Brill in final stage

Negotiations for Belgian Adifo’s purchase of Brilliant Alternatives and Brill Resellers has entered the final stage. The acquisition will help Adifo significantly strengthen its international position.

Mergers & Acquisitions

Darling International completes Vion Ingredients acquisition

Darling International, a leading provider of rendering,recycling and recovery solutions to the nation's food industry, completed its acquisition of VionIngredients, a division of Vion Holding and a member of the Vion Food Group,for approximately EUR1.6 billion (US$2.17 billion) in cash. The completion of the Vion Ingredients acquisitionwas announced on January 8.

Mergers & Acquisitions

Feed company Denkavit takes over Vreugdenhil feed division

Denkavit and Vreugdenhil Group have signed an agreement for Denkavit to acquire Vreugdenhil's feed division. With this acquisition, Denkavit enlarges its position in the international market of young animal nutrition, which is in line with the company's ambition to strengthen further its position in the market, according to the company.

Mergers & Acquisitions

Andritz feed technologies team to expand services in Asia

Andritz aims to strengthen its capabilities and offerings further in China and the Asia Pacific region through its feed technologies division (FT). As part of that strategy, the company acquired Shanghai Shende Machinery Co. Ltd., which holds a solid position in the Chinese marketplace as a provider of cost-effective technologies and solutions for the feed industries.

Page 36 of 39