Nutreco has reached an agreement on the sale of Trouw Nutrition Környe Kft's business to Nuscience Group, the premix and specialty division of the Dutch cooperative Royal Agrifirm Group.
Környe operates in the premix, concentrates and young animal feed market for pigs and ruminants in Hungary. Following a strategic review it was determined that Környe did not have the scale to meet Nutreco's ambition to become the leading player in the Hungarian market, according to Nutreco. It is expected that completion of the transaction will take place by the end of 2012, upon Agrifirm gaining regulatory approval of the Hungarian competition authority.
