Bluestar Adisseo announced the acquisition of Nutriad, a global feed additives producer. The transaction is part of the Adisseo Group’s strategy to become one of the worldwide leaders of specialty additives in animal nutrition.
A manufacturer of feed additives for more than 50 years, Nutriad has a solid product range in palatability, mycotoxin management and digestive performance. Next to poultry and swine they are also present in aqua, dairy and cattle.
Adisseo is convinced that a combination between Nutriad and Adisseo represents a highly attractive opportunity for both companies to build a strong worldwide franchise leveraging on complementary strengths.
Nutriad’s product range, the species addressed, and its target markets are highly complementary to Adisseo’s and will allow the combined business to implement integrated solutions and offer even more value to customers.
Commenting on the acquisition, Jean-Marc Dublanc, CEO of Adisseo, said:
“Today we take another major step forward in delivering our strategy and we are thrilled to welcome Nutriad team as they will join the Adisseo family. We look forward to welcoming the Nutriad employees with their great knowledge and expertise.
The acquisition of NUTRIAD supports our ambition for accelerating growth of our Specialties business to address our customer’s needs.
Together, we will set up an efficient organization which should allow to strengthen global products portfolio’s competitiveness and its overall efficiency. We will also mutually benefit from respective strengths in global commercial coverage for product registration, sales, marketing and worldwide distribution network, with combined sales in more than 100 countries.”
Erik Visser, CEO of Nutriad added:
“We are excited to become part of Adisseo because both companies are driven by the same ambition – to deliver the most innovative and practical feed solutions to our customers. We are proud of what we have achieved in recent years, as Nutriad is growing rapidly across species and geographies. By combining our strengths with those of Adisseo, we can jointly accelerate success for our customers.”
Adisseo is one of the world’s leading experts in feed additives. The group relies on its 7 research centers and its production sites based in Europe and China to design, produce and market nutritional solutions for sustainable animal feed. With more than1,900 employees, it serves around 2,600 customers in over 100 different countries through its global distribution network.
Adisseo is listed on the Shanghai Stock Exchange and is one of the main subsidiaries of China National BlueStar, leader in the Chinese chemical industry with nearly 25,000 employees and a turnover of 6.4 billion euros. Adisseo Corporate website: www.adisseo.com
Nutriad provides feed additive solutions for animal nutrition and health to more than 1,200 customers in over 80 countries, through a network of sales offices and distributors. These are supported by 4 application laboratories and 5 manufacturing facilities on 3 continents.
Nutriad Corporate website: www.nutriad.com
Published on Nutriad website 12/12/17