Company plans to expand interests in South America
De Heus has signed an agreement to acquire Brazilian feed producer Romagnoli Ltda. The acquisition marks the further expansion of De Heus into the South American feed market, according to the company.
Romagnoli’s specializes in the development and production of feed for dairy and beef cattle, supplying 1,000 farmers in and around the state of Paraná, in southern Brazil. The expectation is that the South American cattle feed market will grow significantly in the coming years, according to De Heus. In 2012 the company purchased Brazilian company Nutrifarms.