Find out about merger and acquisition activity in the poultry and animal feed industries in February 2021.
HKScan sold the land and buildings of its Vantaa property to Sagax Finland Asset Management.
Alltech and DLG Group are joining forces for a second time, with a focus on delivering greater profitability and efficiency to livestock producers in Scandinavia. Alltech and DLG are finalizing the purchase of Finnish company Kärki-Agri, a joint venture that will strengthen their delivery of innovative, field-proven animal nutrition.
Finnish meat and poultry company Atria has agreed to sell its Russian subsidiary, OOO Pit-Product, to Cherkizovo Group, the largest meat and poultry producer in Russia, for an estimated price of EUR35 million (US$42.1 million).
Innovad, a global supplier of animal health and nutrition solutions, will be acquired by IK Investment Partners through its IK IX Fund.
Hormel Foods Corporation entered into a definitive agreement to acquire the Planters snack nut portfolio from the Kraft Heinz Company.
Tyson Foods will invest in the Malaysia-based Malayan Flour Mills Berhad’s vertically integrated poultry business, which will add more supply flexibility for both companies.