Nutreco completes acquisition of leading Egyptian tilapia feed producer
(Thomson Reuters ONE) -
Nutreco has successfully completed the acquisition of the remaining 67% share
held by its partners in its Egyptian participation Hendrix Misr. This
acquisition was announced on 26 April 2013. Nutreco entered the Egyptian market
in 2001 by acquiring 33% of Hendrix Misr which has developed successfully since
then. Full ownership of Hendrix Misr offers Nutreco a good base to expand its
activities in this attractive growth market. Hendrix Misr is Egypt's market
leader in extruded fish feed (mainly tilapia) which is sold under the trade name
Skretting, and a leading producer of poultry feed concentrates.
END OF PRESS RELEASE
Note to the editor (not for publication)
This press release is also published in Dutch. In the event of differences, the
English language version shall prevail as the authoritative version.
Ambition 2016
Nutreco's 'Ambition 2016 - driving sustainable growth' is to grow and improve
profitability by providing innovative and sustainable nutritional solutions for
its customers and is expected to result in an EBITA of EUR 400 million by 2016.
This will be realised by focusing on a higher added value portfolio of
nutritional solutions such as premixes, feed specialties and fish feed, and by
expanding into the growth geographies of Latin America, Russia, Asia and Africa,
which will see the largest increases in both production and consumption of
animal protein food products.
Nutreco
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed
solutions are at the origin of food for millions of consumers worldwide.
Quality, innovation and sustainability are guiding principles, embedded in the
Nutreco culture from research and raw material procurement to products and
services for agriculture and aquaculture. Experience across 100 years brings
Nutreco a rich heritage of knowledge and experience for building its future.
Nutreco employs approximately 10,000 people in over 30 countries, with sales in
more than 80 countries. Nutreco is listed on the NYSE Euronext stock exchange in
Amsterdam and reported annual revenue of EUR 5.2 billion in 2012.
www.nutreco.com
For more information:
Jurgen Pullens, Director Investor Relations
Telephone: +31 (0)33 422 6134
Mobile: +31 (0)6 5159948
E-mail: jurgen.pullens(at)nutreco.com
The full press release is attached in the pdf below
Nutreco completes acquisition Egyptian tilapia feed producer:
http://hugin.info/133565/R/1711101/567630.pdf
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Source: Nutreco via Thomson Reuters ONE
[HUG#1711101]
Unternehmensinformation / Kurzprofil:
Datum: 21.06.2013 - 11:43 Uhr
Sprache: Deutsch
News-ID 272007
Anzahl Zeichen: 3311
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