Royal De Heus has signed an agreement regarding the forming of a joint venture between De Heus and Brazilian company Nutrifarms Ltda. by the acquisition of a majority interest in Nutrifarms.

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With the acquisition, De Heus will be able to further expand its product portfolio and work on building a leading position in the Brazilian market for animal feed and nutritional supplements. Nutrifarms constitutes an ideal basis for De Heus in terms of building up a market position in an internationally leading meat producing country and consequently a sizeable and growing animal feed market, according to the company.