FEED ADDITIVE giant Nutreco has announced the purchase of South African firm Animal Nutrition and Health (ANH).
The acquisition from former owners Kaonne Investments was for an undisclosed price, and Nutreco said it would fully integrate the business into Trouw nutrition South Africa.
Nutreco’s managing director in Africa Rob Kiers, said, “South Africa is the continent’s largest producer and feed market.
“Closing this deal with Kaonne Investments is part of Nutreco’s strategy to expand our base in Africa. I’m delighted that we are acquiring such a solid business.”
He added: “We have worked closely with the owners of ANH for a long time and we know that our cultures and approaches to business are very complimentary.
“This move will further underpin our activities in South Africa and ensure we can bring our leading products to even more farms in the country.”