Nutreco receives approval for the acquisition of the animal nutrition business from Cargill in Spain

Nutreco receives approval for the acquisition of the animal nutrition
business from Cargill in Spain

ID: 8804

(Thomson Reuters ONE) - The European Commission anti-trust authorities in Brussels havegranted Nutreco approval for the acquisition of the animal nutritionbusiness of Cargill in Spain and Portugal. The agreement in principlewas announced on 28 July 2009. The acquisition includes Cargill's 12compound feed production facilities, with a production volume ofaround 700,000 metric tonnes, annual sales of approximately EUR 240million.The acquisition fits in Nutreco's strategy to expand its globalmarket positions in feed specialties and fish feed in growth marketsand to strengthen its leading compound feed market positions inCanada, the Netherlands and Spain. Since 2006 Nutreco has acquiredanimal nutrition and fish feed businesses in Brazil, Canada, China,Czech Republic, Guatemala, India, Indonesia, Italy, Japan, Mexico,the Netherlands, Poland, Portugal, Russia, Slovakia, Spain, Turkey,United Kingdom and the USA. * * * * *NutrecoNutreco is a global leader in animal nutrition and fish feed. Ouradvanced feed solutions are at the origin of food for millions ofconsumers worldwide. Quality, innovation and sustainability areguiding principles, embedded in the Nutreco culture from research andraw material procurement to products and services for agriculture andaquaculture. Experience across 100 years brings Nutreco a richheritage of knowledge and experience for building its future. Nutrecoemploys almost 9,300 people in 30 countries, with sales in 80countries. Nutreco is listed on the Euronext stock exchange inAmsterdam and had annual revenues in 2008 of EUR 4.9 billion.For more information:Jurgen Pullens, Director Investor Relations and CorporateCommunications, NutrecoTelephone: +31 33 422 6134Mobile: +31 6 5159 9483E-mail: jurgen.pullens(at)nutreco.comhttp://hugin.info/133565/R/1357022/329980.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 25.11.2009 - 07:00 Uhr
Sprache: Deutsch
News-ID 8804
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