Find out about merger and acquisition activity in the poultry and animal feed industries in May.
Respective boards of directors of Marfrig Global Foods S.A. and BRF S.A. have signed a memorandum of understanding (MoU) allowing the two firms to discuss the possibility of a business merger, according to a statement on the web pages of both parties.
Aquafeed producer Nutreco is in talks to buy the animal feed assets of CJ Cheil Jedang Corp., according to a Bloomberg report.
Vilofoss, one of the three largest premix and nutrition companies in the European market for livestock production, has just acquired Complementos de Piensos Compuestos (CPC), a Spanish family-owned business.
Signify, the world leader in lighting, expands its business for agricultural lighting as it acquires Once Inc., based in Plymouth, Minnesota, and iLOX, based in Vechta, Germany.
Perdue Farms is acquiring Panorama Meats, the nation’s largest producer of 100 percent grass-fed and grass-finished certified organic beef.
Ceva Santé Animale (“Ceva”) and IDT Biologika GmbH (“IDT”) have reached a provisional agreement for Ceva to acquire IDT’s veterinary biopharmaceutical portfolio and R&D activities, allowing IDT to focus on the manufacture of human biotechnology vaccines and pharmaceuticals for national and international markets.
Phil Rohrbaugh, CEO of The Wenger Group Inc., and Brad Wagner, president of John J. Hoober Inc. dba Hoober Feeds and of L&K Mills Inc., have reached a joint agreement in principle with respect to a proposed business arrangement between the companies.
Sparboe Farms sold its egg products plant in New Hampton, Iowa, to Deb El Food Products, the companies announced.
Canada’s Country Junction Feeds, headquartered in Wetaskiwin, Alberta, has announced a major expansion of its operations with the agreement to acquire the Federated Co-operatives Ltd. (FCL) feed mill in Edmonton, Alberta.
Hain Celestial intends to sell its Hain Pure Protein (HPP) business to Aterian Investment Partners for a price of $80 million.