Business & Markets: Page 12

Mergers & Acquisitions

IFB Agro to acquire Cargill India’s aquafeed business

The board of directors of IFB Agro Industries Ltd. has agreed to acquire Cargill India’s entire commercial compound shrimp feed and freshwater fish feed business.

Merger Acquisition 2

Brand Insights

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Mergers & Acquisitions

DSM-Firmenich completes sale of stake in Feed Enzymes Alliance

DSM-Firmenich has completed the sale of its stake in the Feed Enzymes Alliance to its partner Novonesis for EUR1.5 billion (US$1.7 billion).

AFIA restructures leadership to boost advocacy, member engagement

The American Feed Industry Association creates new departments and promotes key staff in an effort to strengthen policy influence, streamline operations and enhance member services.

With these changes come the promotion of Victoria Broehm (left) to vice president of member experience and Leah Wilkinson (right) to chief policy officer.

RaboResearch: Rising prices, trade disruption create uncertainty in global beef markets

Global cattle markets have all been trending higher in the first half of 2025, but uncertainty and unpredictability are reverberating through the global beef market.

Mergers & Acquisitions

Lesaffre and Zilor enter joint venture

Lesaffre has completed the acquisition of a 70% stake in Biorigin, a business unit of Zilor, leading to the creation of a joint venture.

CP Foods reports record quarterly profit

Strong performance in the first three months of the year delivered a record profit for the Thailand-based food company.

Darling Ingredients announces dual listing on NYSE Texas

Darling Ingredients will retain its primary listing on the New York Stock Exchange and will also trade under the DAR ticker symbol on NYSE Texas.

Elanco appoints Robert VanHimbergen as chief financial officer

Elanco Animal Health

VanHimbergen succeeds Todd Young, who will remain with the company as an adviser through August 31 to facilitate a smooth transition.

Bob VanHimbergen

Animal Feed Additives & Ingredients

AFIA concludes Capitol Hill meetings, installs new leadership

The American Feed Industry Association’s (AFIA) Board of Directors advocated for key policy priorities impacting the animal food industry on Capitol Hill and conducted other official business, including installing new board leadership and directors.

Business & Markets

Nebraska poultry industry's growth fanned by AFAN

Success of Lincoln Premium Poultry and Hendrix Genetics operations has the Alliance for the Future of Agriculture in Nebraska hoping for further in-state sector growth.

Valerie Parsons, Nebraska Department of Agriculture; Lyndsy Jenness, Nebraska Public Power District; and Steve Martin, Alliance for the Future of Agriculture in Nebraska (AFAN), exhibited at PEAK in April to answer questions about agricultural opportunities in Nebraska.

Animal Feed Manufacturing

FEFAC expects marginal decrease in 2025 EU feed production

Market experts for the European Feed Manufacturers’ Federation (FEFAC) forecast continued stability in the EU compound feed production market for 2025.

Hands Holding Feed

ABB to supply automation, electrical systems for Bovaer project

ABB has been selected to supply automation and electrical systems by animal nutrition and health specialist DSM-Firmenich, as part of a project to develop a cattle feed additive production facility to support methane reduction goals in the livestock sector.

Dairy Cows Eating

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