Deal accelerates company’s growth in Northern Spain
De Heus Animal Nutrition has finalized a deal to acquire Piensos Muga in Spain, effective June 29.
The acquisition of Piensos Muga is an important step for De Heus to strengthen its leading position as supplier of animal nutrition products in Northern Spain, a key region to the Spanish livestock sector.
Founded in 1992, with an annual capacity of 80,000 tons, Piensos Muga specializes in the development and production of a complete range of high quality dairy, beef cattle and other ruminants feeds. With De Heus already present in this part of Spain, synergy effects are expected to improve efficiency and service for customers.
Piensos Muga and De Heus fit with one another perfectly. Both companies provide their customers with high-quality feed products, as well as services and in-depth knowledge about animal nutrition and animal husbandry and in this way supplies them with efficiency and technological progress. In addition, Piensos Muga will gain access to De Heus’ international knowledge, experience and research network, enabling it to further improve its products and services more quickly.
“After the previous successful acquisitions of Acorex in Extremadura, Evialis in Galicia and Unzue in Navarra, this acquisition reconfirms De Heus’ consolidation strategy in the non-integrated feed market in Spain,” said Jean-François Honoré, general manager of De Heus Iberia.”With this strategy, we can serve livestock farmers in the region even better, with the help of a local team of highly trained professionals who will add from now on the technology and international experience of De Heus. The Spanish regions of Navarra, La Rioja, the Basque Country and Aragon are areas of great relevance in terms of the livestock sector and, at De Heus, we want to contribute to its strength, integrating innovation and animal welfare.”
Based in the Netherlands, De Heus is a global player in compound feed, premixes and concentrates for livestock and fish. Through its own operations as well as joint ventures and partnerships, the Dutch company is active in 75 countries, with sales and production sites in Europe, South America, Asia and Africa.