Nutreco announces intention to acquire Nutrimin
30 juni 2021
Amersfoort, 30th June, 2021 – Today, Nutreco announces its intention to acquire Nutrimin, one of the leading Danish producers of farm minerals, concentrates and piglet feed.
If given the go-ahead, the deal is intended to create more value for farmers in Denmark and beyond by bringing together the knowledge, innovations and product portfolios of Nutrimin and Nutreco’s animal nutrition division Trouw Nutrition.
There are a number of steps that still need to take place before the acquisition can be completed, including clearance from the competition authorities.
“This intended deal will make a valuable contribution to Nutreco’s purpose of Feeding the Future There is a strong fit between our focus on sustainable growth and Nutrimin's reliable and customer-centric approach,” Nutreco COO and CEO of Trouw Nutrition Saskia Korink comments. “If approved, the acquisition will enable Nutrimin and Trouw Nutrition to further support customers’ growth by combining complementary portfolios, innovation and expertise.”
Co-owner and COO of Nutrimin Torben Nielsen says, “We’re delighted with today’s announcement and the fact that, if the acquisition is approved, our customers can be assured they will continue to have a trustworthy and knowledgeable partner in the market; one that increases our portfolio of quality products and innovative solutions. In this way, as part of the Trouw Nutrition business, we will continue to contribute to the future of Danish agriculture.”
Every day, Nutreco’s 12,300 dedicated employees in more than 37 countries across the globe relentlessly pursue our purpose of Feeding the Future in a way that ensures sustainability is front and centre in all we do. Our solutions go beyond nutrition – we provide best-in-class advice and technology to help our customers produce more food, in a sustainable way, to feed our growing population.
With over 100 years of experience, Nutreco is a global leader in animal nutrition through our Trouw Nutrition division, and in aqua feed through our Skretting division. Our NuFrontiers team works to identify, develop and invest in next-generation breakthrough innovations throughout the value chain. In 2020, Nutreco had net revenues of €6.4 billion. The company is a subsidiary of SHV Holdings N.V., a family-owned multinational with net sales of €19.2 billion in 2019.
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In 2010 Nutrimin was founded and production started on January 2, 2013. In November 2013, Nutrimin FAMI QS was certified. In the years thereafter sales increased sharply and Nutrimin became the market’s third largest supplier of premix on the Danish market and approximately 40% of total production was sold for export. Nutrimin’s Mission is to ensure our customers receive the optimal feed mixture; with sincere interest in our customers business, competent advice, and an honest dialogue. Nutrimin's vision is to be the most talented, farmer preferred, sparring partner.”
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