POST Online Media Lite Edition



 

De Heus Animal Nutrition acquires Neovia Indonesia

Christian Fernsby |
On the 2nd of June, De Heus Animal Nutrition completed the acquisition of the compound feed operations of Neovia Indonesia (PT Welgro Feedmill and PT Wirifa Sakti) from ADM.

Article continues below




With two compound feed mills located in West-Java and East-Java and total sales volume of 125,000 tonnes in 2019, Welgro and Wirifa focus mainly on the poultry, aqua and swine feed segments.

For De Heus Indonesia, the acquisition is an important step in its ambition to become a leading player in the Indonesian animal feed market.

Gabor Fluit, Business Group Director De Heus Asia: "After our successful entry into Indonesia in 2018 through the acquisition of PT Universal Agri Bisnisindo (UAB) in Bekasi, West Java, this acquisition will accelerate our Indonesian growth strategy.

"It gives us an excellent opportunity to expand our position in key livestock and aqua farming areas, close to our existing and potential new customers."

Kay De Vreese, President Director De Heus Indonesia: "We are very pleased that our focus on improving product quality and sharing best practices is recognised and appreciated by a significantly growing customer base in Indonesia.

"We will continue to implement our investment plans over the coming years."


What to read next

ADM to buy French animal nutrition business Neovia for $1.8 billion
Post Holdings buys PowerBar and Musashi brands from Nestle
Nestlé reorganizes infant nutrition business