Evialis shows interest in French Nutreco feed operation
Nutreco France has been approached by the French company Evialis to acquire the feed speciality business of the Nutreco subsidiary Trouw Nutrition France.
Nutreco is entertaining the feasibility of this action and has decided to investigate all aspects with its advisors, related to a potential divestment of this business in the course of the following weeks. The company’s current feed specialities business in France is too small in size to ensure sustained growth.
Trouw Nutrition International is the global leader in premixes animal nutrition industry. The company has locations in 25 countries and over 2,000 employees worldwide. The business, in Vigny, has approximately € 20 million (UD$25.4 million) sales in 2005 and approximately 65 employees.
Should Nutreco opt to accept the Evialis proposal, the European Works Council will be consulted on the consequences and modalities of such divestment.
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