From WATTAgNet:
Find out about merger and acquisition activity in the poultry, feed and pig industries in September.
Kent Nutrition Group to acquire Deluxe Feeds
Kent Nutrition Group (KNG), a division of Kent Corp., and Deluxe Feeds have entered into an agreement where KNG will acquire the Deluxe organization on October 3, 2016, including its feed mills, retail business, and Midwest EnRG Flakes operations.
Ranjit Boparan acquires Bernard Matthews
British media sources have reported that Bernard Matthews has been acquired by Ranjit Boparan for the Boparan Group from Rutland Partners.
Neovia to acquire Nutrizon in Brazil
Neovia has entered into exclusive negotiations with Nutrizon, a major regional player in animal nutrition in the north region of Brazil. The proposed takeover of Nutrizon, which is still pending prior approval by the competition authorities, will strengthen Neovia’s geographical coverage in Brazil as well as its positioning on aquaculture, pet food and ruminants markets.
Bayer to acquire Monsanto in a $66 billion deal
Bayer and Monsanto have signed a definitive merger agreement under which Bayer will acquire Monsanto for USD$128 per share in an all-cash transaction ($66 billion). Based on Monsanto’s closing share price on May 9, the day before Bayer’s first written proposal to Monsanto, the offer represents a premium of 44 percent to that price.
Canadian companies merging to form feed fertilizer giant
Two Canadian fertilizer companies, Canadian Agrium Inc. and Potash Corporation of Saskatchewan Inc., have agreed to merge. The new company will supply agricultural chemicals needed to grow livestock feeds. The new company will combine potash, nitrogen and phosphate production with an agricultural retail network to create an integrated crop inputs business.
BRF to acquire majority of Malaysian further processor
BRF has entered an agreement with FFM Berhad to acquire the majority of the shares of Malaysian company FFM Further Processing (FFP).
