Adisseo, a global leader in animal nutrition, announced that it has acquired Nutriad, a manufacturer of feed additives for more than 50 years. Companies expressed that this move will accelerate their success and expand their distribution network.
Nutriad, a Belgian multinational company operates 4 laboratories and 5 plants located in Belgium, Spain, the UK, China and the USA with annual gross sales of US$100 million. 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 aquaculture, dairy and cattle.
Adisseo is convinced that a combination with Nutriad represents an attractive opportunity to build a worldwide franchise leveraging on complementary strengths. Nutriad’s product range, the species addressed, and its target markets are highly complementary to Adisseo’s.
Commenting on the acquisition, Jean-Marc Dublanc, CEO of Adisseo, said: “Today we are thrilled to welcome the Nutriad team. We look forward to welcoming the Nutriad employees with their great knowledge. The acquisition of Nutriad supports our ambition for accelerating growth of our business. Together, we will set up an efficient organization which should allow us to strengthen our global product portfolio’s competitiveness and its overall efficiency. We will mutually benefit from respective strengths and global commercial coverage for product registration, sales, marketing and distribution network, with sales in more than 100 countries.”
Erik Visser, CEO of Nutriad added: “We are excited to become part of Adisseo because both companies deliver the most innovative and practical feed solutions. We are proud of what we have achieved in recent years, as Nutriad is growing rapidly across species and geographies.”
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