Chinese feed group buys Nutriad
THE global feed additives producer Nutriad has been acquired by Chinese feed additives giant Adisseo, it was announced last month.
The move is part of Adisseo’s strategy to become one of the worldwide leaders of specialty additives in animal nutrition, the company said.
Adisseo CEO Jean-Marc Dublanc said: ‘We are pleased to have quickly brought the Nutriad acquisition to completion and excited to welcome Nutriad talents in the Adisseo team.
‘This complementary combination supports our strategy for accelerating growth of our specialty products business.
‘Together, we will set up an efficient organisation which should allow us to strengthen our global product portfolio’s competitiveness and its overall efficiency.’
Nutriad’s product range, the species addressed (including farmed fish) and its customers are complementary to Adisseo’s and will allow the combined business to offer even more value to customers, said Adisseo.
Nutriad CEO Erik Visser added: ‘The announcement of the acquisition of Nutriad by Adisseo has been met with overwhelming enthusiasm by our customers, suppliers, distribution partners and employees across the world.
‘Now that we have confirmed the completion of the transaction, the Adisseo and Nutriad teams will jointly work with full energy and passion on the integration, committed to bringing further value adding solutions to the market.’
Above: Adisseo CEO Jean-Marc Dublance and Nutriad’s Erik Visser