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OCP GROUP TAKES STAKE IN FEED PHOSPHATES COMPANY
Morocco’s OCP Group signed an agreement in late September to acquire 50% of feed phosphates supplier GlobalFeed from Fertinagro Biotech, a Spanish fertilizers producer. GlobalFeed operates production units located in Huelva, Spain with a capacity of 200,000 tonnes/year of phosphate-based products and 30,000 tonnes/year of iron sulphate.
PHOSPHEA ACQUIRES BRAZIL’S SPO
Phosphea acquired SPO Indústria e Comércio LTDA, a Brazilian company with a 100,000 tonne/year feed phosphate production unit located in Santa Catarina state, this September.
AB LINAS AGRO DIVESTING RUSSIAN AND BELARUSSIAN PREMIX AND FEED COMPANIES
AB Linas Agro announced in late August that it would be selling two Russian companies acquired 13 months ago as part of KG Group - OOO VitOMEK (Moscow) and OOO VitOMEK (Tver), as well as IOOO Belfidagro, registered in Belarus, to unnamed companies registered in Russia. VitOMEK and Belfidagro are premix producers and feed suppliers.
DECHRA PHARMACEUTICALS BUYS ANIMAL HEALTH COMPANY
Dechra Pharmaceuticals acquired Med-Pharmex, a Californiabased veterinary pharmaceutical manufacturer, for USD 260 million, providing further product scale to its operations in the US.
MITSUI TAKES STAKE IN BRAZILIAN ANIMAL HEALTH COMPANY
Mitsui has agreed to acquire a 29.44% stake in animal health firm Ouro Fino Saúde Animal Participações S.A. (Ouro Fino) - Brazil’s fourth largest animal health company. The Japanese conglomerate says it will “pursue synergies with its wide-ranging business assets and global networks.” Among Mitsui’s potentially related assets are animal nutrition company Novus International, Inc. and several divisions around the world making agricultural inputs such as fertiliser.
ABOITIZ EXITING SRI LANKAN FEED BUSINESS
Aboitiz Equity Ventures (AEV) of the Philippines is divesting its feeds business in Sri Lanka, Gold Coin Feed Mills (Lanka) Limited (GCFL), to New Anthoney’s Farms (PVT) Ltd. AEV said “The exit from Sri Lanka is aligned with the Aboitiz Group’s direction to grow its animal feeds business in other parts of the Southeast Asia and China markets.”
FORFARMERS UK AND 2AGRICULTURE AGREE TO MERGER
ForFarmers UK and 2Agriculture have agreed to merge their businesses into a joint venture. The share split will be 50.1% for ForFarmers UK and 49.9% for 2Agriculture. With 3 million tonnes of compound feed per year, the joint venture will provide both companies a balanced feed portfolio across species.
CARR’S SELLING AGRICULTURE SUPPLY DIVISION, INCLUDING FEED MILLING
Carr’s in the UK has entered a conditional agreement to divest its agricultural supplies division, Carr’s Billington Agriculture, to Edward Billington and Son Limited for up to GBP 44.5 million. The division includes its feed milling activities.
DABEINONG CANCELS ACQUISITION OF ZHENGBANG’S FEED FACILITIES
Beijing Dabeinong Biotechnology Co. Ltd. (Dabeinong), an agricultural biotechnology company, announced that it has cancelled the acquisition of eight feed production facilities owned by leading pig producer Jiangxi Zhengbang Technology Co. Ltd.’s (Zhengbang), and is suing Zhengbang for CNY 500 million (around USD 70 million) over an alleged breach of contract. The deal was first announced in March of this year.
SANDERSON FARMS ACQUISITION COMPLETED
Cargill and Continental Grain finalised their USD 4.5 billion acquisition of Sanderson Farms, the third-largest US poultry company. Continental Grain owns Wayne Farms, another major actor in US poultry, and the deal thus needed to navigate antitrust concerns.
MAZZOLENI BUYS FEED ADDITIVES DISTRIBUTOR SIVAM
Italian animal nutrition firm Mazzoleni SpA has reached an agreement to acquire Società Italiana Veterinaria Agricola Milano SpA (Sivam), a supplier of feed supplements to over 8,000 customers across the country. Sivam has over 200 collaborators and its turnover in 2021 was EUR 46 million.
MAURI BUYS FEED ADDITIVES DISTRIBUTOR AUSPAC
AusPac Ingredients Pty Ltd, an Australian and New Zealand distributor of feed additives, has been acquired by MAURI, a division of George Weston Foods of the Associated British Foods group. AusPac Ingredients will be joining MAURI’s Weston Animal Nutrition business.