February 2023 poultry, feed industry mergers and acquisitions

Find out about merger and acquisition activity in the poultry and animal feed industries in February 2023.

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onephoto | Bigstock.com
onephoto | Bigstock.com

Find out about merger and acquisition activity in the poultry and animal feed industries in February 2023.

Adisseo completes acquisition of Nor-Feed

Adisseo has completed its acquisition of Nor-Feed, a French group that designs, produces and markets plant-based specialty ingredients and plant extracts for animal nutrition.

Hawkins, Borregaard partner on SoftAcid distribution

Borregaard, headquartered in Sarpsborg, Norway, has recently signed an agreement with Hawkins Inc., headquartered in Roseville, Minnesota, for the licensed production and distribution of its range of SoftAcid products in North America.

Alltech, Finnforel partner on sustainable aquafeed production

Alltech, a global leader in agriculture and animal nutrition, and Finnish circular-economy company Finnforel are joining forces to acquire the Raisioaqua fish feed production facility from Finnish company Raisio.

Tanmiah, Tyson strengthen strategic partnership

Saudi-based Tanmiah Food Company and US-based Tyson Foods met in Jeddah to recognize their strategic partnership made in 2022 including the potential growth opportunities across the Kingdom of Saudi Arabia and the broader Middle East.

Wholestone Farms, Prestage Foods form joint venture

The newly formed joint venture, Prestage Wholestone, LLC, unites two farmer-owned companies.

MPS acquires Country Charm Eggs, gains 1.8 million hens

MPS Egg Farms (MPS) announced the acquisition of Georgia-based egg producer Country Charm Eggs on February 21, 2023.

Tyson Foods to acquire Williams Sausage Company

Tyson Foods has signed an agreement to acquire Williams Sausage Company of Union City, Tennessee. 

Saudi Arabian poultry sector set to gain from new joint venture

The latest step to progressing the Saudi Arabian government’s program towards food security is a new Memorandum of Understanding between local poultry company Tanmiah Food Company and MHP SE of Ukraine. 

Nutreco takes minority stake in biotech company BiomEdit

Nutreco has taken a minority stake in animal health microbiome biotech company, BiomEdit.  

Ingham’s to acquire Bromley Park Hatcheries

Ingham’s, Oceana’s largest producer of poultry, entered into an agreement for the conditional purchase of the poultry meat business and assets of New Zealand’s Bromley Park Hatcheries (BPH).

Tofurky acquired by international dairy, soy company

To increase operations and production capacity, Japan-based tofu manufacturer Morinaga Nutritional Foods acquired U.S. plant-based food company, Tofurky, along with its sister company Moocho.

Magnum Systems acquired by private equity firm

3 Rivers Capital has acquired Magnum Systems marking the Pittsburgh-based private equity firm’s first investment in the industrial automation industry.

Milwaukee pizza manufacturer acquires former Tyson plant

“The Jefferson site will allow us to expand and increase capacity again,” said Palermo Villa Inc. CEO Giacomo Fallucca regarding the frozen pizza manufacturers purchase of a former Tyson Foods plant.  

Plukon Food Group buys 51% of further processor ter Maten

Plukon Food Group has acquired 51% of the shares of J.A. ter Maten Holding. Terms of the agreement were not disclosed.

Aurora Cooperative, KAAPA Ethanol form partnership

A newly formed partnership between KAAPA Ethanol Holdings, LLC and Aurora Cooperative Elevator Co. called KAAPA Partners Aurora, LLC (KPA) is complete.

AB Vista acquires Progres feed additive from Hankkija

AB Vista has extended its product offering with the acquisition of Progres, a natural additive from Finnish biosciences company Hankkija.

ForFarmers, 2Agriculture abandon proposed joint venture

ForFarmers U.K. and 2Agriculture have abandoned their proposed joint venture, the coompanies announced on February 7.


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