SPAIN – Dutch animal nutrition company, De Heus Animal Nutrition has signed an agreement to acquire Spanish animal feed manufacturer, Piensos Muga for an undisclosed amount.
De Heus said that the acquisition of Piensos Muga, effective from June 29th, is an important step for the company to strengthen its leading position as supplier of animal nutrition products in Northern Spain, a key region to the Spanish livestock sector.
Founded in 1992, with an annual capacity of 80,000 tonnes, Piensos Muga specialises in the development and production of a complete range of dairy, beef cattle and other ruminants feeds.
With De Heus already present in Spain following last year’s acquisition of Evialis Galicia from ADM, the company said that synergy effects are expected to improve efficiency and service towards the customers.
“After the previous successful acquisitions of Acorex in Extremadura, Evialis in Galicia and Unzue in Navarra, this acquisition reconfirms De Heus’ consolidation strategy in the non-integrated feed market in Spain,” Jean-François Honoré, general manager of De Heus Iberia, commented on the acquisition.
“With this strategy we can serve livestock farmers in the region even better, with the help of a local team of highly trained professionals who will add from now on the technology and international experience of De Heus.
“The Spanish regions of Navarra, La Rioja, the Basque Country and Aragon are areas of great relevance in terms of the livestock sector and at De Heus we want to contribute to its strength, integrating innovation and animal welfare,” he added.
Honoré added that with the acquisition of Piensos Muga, De Heus Iberia establishes the ability to provide the best customer service while at the same time creating positive synergies between the new plant and the company’s other two plants in Northern Spain.
In December, the Dutch animal nutrition company signed an agreement to acquire Evialis Galicia from Archer Daniels Midland Company (ADM). The plant has a production volume of more than 50,000 tonnes of compound feed annually.
In March, the company signed a deal to acquire Cerrado Nutrição Animal in Brazil for an undisclosed amount. De Heus Animal Nutrition has also completed the acquisition of the compound feed operations of Neovia Indonesia (PT Welgro Feedmill and PT Wirifa Sakti) from ADM.
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