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Business & Markets: Page 2
Mergers & Acquisitions
Fevara to enter Brazil market with acquisition of Macal
Fevara PLC, a global provider of sustainable livestock supplements, has entered into an agreement to acquire Domino Industria E Comercio LTDA, trading as Macal, marking the company’s entry into Brazil and establishing its first operational presence in the southern hemisphere.
Mergers & Acquisitions
Innovad to be acquired by private equity firm PAI Partners
Private equity firm PAI Partners has entered into an agreement to acquire animal feed additives producer Innovad from IK Partners, another private equity firm.
Business & Markets
French insect protein producer Ÿnsect enters judicial liquidation
Commercial court ordered liquidation after the company failed to secure funding during its observation period.
Commodities
As USDA gets back on track, corn and soybean prices set to tick upward
Although U.S. production numbers are not yet up to date, strong global demand continues to erode corn and soybean supplies.
Mergers & Acquisitions
Rumin8 acquires ROAM Agricultural to expand product range
Rumin8 CEO David Messina said the acquisition of ROAM complements Rumin8’s development plans for its own methane and productivity solution.
Company News
Evonik names new president for the Americas region
Elias Lacerda will succeed Guido Skudlarek, who recently became global head of Evonik’s U.S.-based health care business line.
Animal Feed Regulations & Safety
105 expired bags of animal feed seized in Oman inspection campaign
The Consumer Protection Administration in the Al-Wusta Governorate of Oman seized 105 bags of expired animal feed as part of an extensive inspection campaign, according to the administration.
Business & Markets
Tanmiah Food Co. pursues strategic investment in US red meat sector
Tanmiah Food Co., one of the Saudi Arabia’s largest vertically integrated poultry and food producers, has announced a new collaboration with Big Idea Ventures (BIV), a global venture capital firm specializing in food, agriculture and alternative protein technologies.
Aquaculture
3 feed mills in France, New Caledonia achieve ASC Feed Certification
BioMar has received France’s first ASC Feed Certification for its Nersac mill, while SICA and Provenderie Saint Vincent in New Caledonia have also earned certification, increasing the availability of responsible feed to the Pacific region.
Aquaculture
Skretting Vietnam, Entobel partner to produce insect protein meal for shrimp
The partnership’s dual objectives are to increase feed formulation flexibility — reducing reliance on marine ingredients — while also providing shrimp farmers in Vietnam and other markets with a low carbon footprint and responsibly produced product line.
Animal Feed Manufacturers
Investments drive improved half-year results for Cranswick
Cranswick PLC, one of the leading food companies in the United Kingdom, reports double-digit increases in revenue and operating profit for the first half of its financial year.
Business & Markets
Sea Forest lists on Australian Securities Exchange after successful IPO
Australian livestock feed additive manufacturer Sea Forest Ltd. has been listed on the Australian Securities Exchange after raising AUS20.5 million (US$13.3 million) in an initial public offering (IPO).
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