EDE, THE NETHERLANDS — De Heus Animal Nutrition is set to acquire Piensos Muga a Spain-based feed company.
The acquisition is expected to be completed by June 29.
Founded in 1992, with an annual capacity of 80,000 tonnes, Piensos Muga develops and produces a range of dairy, beef cattle and other ruminant feeds.
“After the previous successful acquisitions of Acorex in Extremadura, Evialis in Galicia in Navarra, this acquisition reconfirms De Heus’ consolidation strategy in the non-integrated feed market in Spain,” said Jean-Francois Honore, general manager of De Heus Iberia. “With this strategy we can serve livestock farmers in the region even better, with the help of a local team of highly trained professionals who will add from now on the technology and international experience of De Heus. The Spanish regions of Navarra, La Rioja, the Basque Country and Aragon are areas of great relevance in terms of the livestock sector and at De Heus we want to contribute to its strength, integrating innovation and animal welfare.”