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Business & Markets: Page 6
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.
Company News
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.
Company News
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.
Company News
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.
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.
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.
Company News
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.
Company News
DLG Group launches internal transformation program
“ReGen,” as the program is called, aims to deliver DKK1 billion (US$151.5 million) in EBITDA improvements over the next three years.
Company News
Triott companies to operate under Ottevanger name
Within the Triott Group, the companies Ottevanger, PTN, Almex, IVS and Inteqnion will operate under the name Ottevanger beginning in 2026.
Business & Markets
JBS dual listing gains shareholder approval
The Brazil-based meat and poultry company expects to be listed on the New York Stock Exchange on June 12.
Commodities
Widespread rains ease drought in key US agricultural areas
The latest U.S. Drought Monitor shows significant improvements in the High Plains, Northeast, and parts of the Midwest and Southeast, though some areas face expanding drought conditions.
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