Dutch feed manufacturer De Heus says it has signed an agreement to acquire a majority stake in D-Mix in Ukraine. With this partnership De Heus marks a strategic step in the attractive Ukrainian market for animal feed following over a decade exporting animal nutrition products to this country.
The joint venture company will carry out its business activities under the trade name ‘Koudijs Ukraine’. De Heus declared that the closing deal is expected in the second quarter of 2019.
The family-owned business D-Mix is in Zolochiv in Western Ukraine. This company produces concentrates speciality feeds and complete feeds with a production capacity of 80 thousand tons. It also has facilities for crushing sunflower seeds and soybeans.
The company says will start with the construction of a premix factory which is expected to be operational early 2020 and the day-to-day management of the joint venture will be in the hands of Fedir Shopsky.
“The Ukrainian government welcomes foreign investors who contribute additional knowledge and experience in the field of animal feed, livestock farming and farm management,” noted De Heus reminding that only a limited number of foreign companies have entered the Ukrainian animal feed market so far.
“Koudijs Ukraine has a bright future. For many years, we continue to invest to improve our technical support to customers. We believe that our extensive experience in international livestock farming and the animal feed sector will also be of value in further professionalizing livestock farming in Ukraine”, said Koen de Heus, CEO of Royal De Heus.