July animal agriculture mergers and acquisitions
Learn the latest news on mergers and acquisitions in the poultry, feed and pig industries
From WATTAgNet:Find out about merger and acquisition activity in the poultry, feed and pig industries in July.
Marel is pleased to announce that the company has agreed to acquire Sulmaq. The aim is to strengthen Marel's position in Central and South America and ensure better access to a large and growing market for beef and pork.
Cobb Germany has acquired a substantial stake in a fellow Cobb grandparent distributor Broiler Budeshego, one of the largest suppliers to the Russian poultry meat industry. This significant shareholding has been bought from Samuel Lipman, one of the first U.S. investors in the Russian poultry industry, and from Cobb-Vantress, Inc.
Industrias Bachoco will acquire Alabama-based Albertville Quality Foods (AQF) through Bachoco's subsidiary OK Foods.
Bachoco, a Mexican producer and processor of poultry and other food products, announced July 12, 2017 that it reached an agreement to acquire La Perla, a pet food company located in the Mexican state of Queretaro. This acquisition comprises all assets, which are located in the State of Queretaro in Central Mexico, including La Perla's brands, like CanPro, Choice Nutrition and Cat-trina, among others.
Animal feed premix company Devenish Nutrition Ltd. will acquire a 50 percent share of Yem-Vit, a premix producer in Turkey.
Post Holdings, the parent company of egg company Michael Foods, has completed the acquisition of Weetabix Limited, a leading cereal company in the United Kingdom.
Upscience, a global French company in laboratory analysis, strengthens its operations in Brazil through the acquisition of the reference laboratory Labtec.
Royal Agrifirm Group intends to acquire compound feed company Bacutil in Poland, pending approval from the Polish Competition Authority. The acquisition is in line with Agrifirm's strategy aimed at expanding the core activities compound feed, arable farming, horticulture and specialties. The growth of foreign activities in areas such as Central and Eastern Europe is an important strategic focal point.
Through its European entity, CPF Europe S.A., Thailand-based Charoen Pokphand Foods Public Company Limited (CPF) has agreed to acquire a 95 percent share of Paulsen Food GmbH of Germany.