Nutreco has announced its official acquisition of Nutrimin, one of the leading Danish producers of farm minerals, concentrates and piglet feed, following the approval of the Danish authorities.
Nutrimin became a part of Nutreco’s animal nutrition division Trouw Nutrition with effect from 1 December. The acquisition of Nutrimin will give Trouw Nutrition further access to Danish and Danish-owned farms in Eastern Europe and Russia.
This deal will create more value for farmers by complimenting the trusted quality, service and personal attention of Nutrimin with Trouw Nutrition’s innovative, environmentally-conscious and cost-effective species solutions. This includes creating sustainable solutions that fulfil the needs of farmers in tackling current industry challenges like, for example, using zinc-free diets.
“We have been looking for opportunities to expand our business into the growing animal nutrition industry in Denmark and the rest of Scandinavia and we are delighted to have acquired Nutrimin, which has been a customer of ours for several years,” said Saskia Korink, chief operating officer of Nutreco and chief executive officer of Trouw Nutrition.
“There is a strong fit between our focus on sustainable growth and Nutrimin’s reliable and customer-centric approach. Nutrimin’s customers can be assured that they will continue to have a trustworthy and knowledgeable partner in the market, providing tried-and-tested products and services with a high level of quality. This deal will also make a valuable contribution to Nutreco’s purpose of Feeding the Future.”
Torben Nielsen, former owner and current sales director of Nutrimin, said: “Nutrimin has always worked to provide a sustainable viable alternative to the Danish animal nutrition industry and through this transaction, our customers will continue to have a reliable partner with a strong focus on innovation. I will remain heavily involved in bringing our enhanced portfolio of quality products and innovative solutions to our customers. In this way, by being part of Trouw Nutrition, we will continue to contribute to the future of Danish agriculture.”
The next step in the acquisition will be starting up integration activities that add value to Nutrimin’s customers by giving them access to Trouw Nutrition speciality products while also further developing the synergies between the companies