Nutreco accelerates growth in feed additives with purchase of Micronutrients
10 December 2015
Nutreco has entered
into an agreement with The Heritage Group, owners of Micronutrients, to acquire this
global leader in hydroxy-based trace minerals. The acquisition enables Trouw Nutrition,
Nutreco's animal nutrition business, to further strengthen its Selko Feed Additives
portfolio. The transaction, which is subject to regulatory approvals, is expected to close
in the first quarter of next year.
Knut Nesse, CEO of Nutreco: “Our strategy is to address global trends in the animal protein value
chain by providing our customers innovative and sustainable nutritional solutions that require
advanced technical and application know-how. Micronutrients’ product portfolio fits this strategy. In
combination with our existing product range and R&D capabilities, the acquisition of Micronutrients
makes our animal nutrition business Trouw Nutrition a leader in a specific feed additive segment.
Furthermore, Micronutrients’ products will support our global premix value proposition.”
Pat James, CEO of Micronutrients: “In Nutreco we have found a good steward for our business,
which has grown at a fast rate in the US in recent years. As a global company it has the resources
and network to accelerate Micronutrients’ growth through geographical expansion, also targeting
additional animal species. In the longer term, the R&D power of our new owner will further allow
Micronutrients’ technological platform to evolve.”
Micronutrients’ IntelliBond® hydroxy trace minerals
Micronutrients is market leader for hydroxy trace minerals, which are marketed under the global
brand name IntelliBond®. Hydroxy trace minerals are specialty trace minerals that due to their unique
chemical structure improve stability of premix and feed and bioavailability (better digestion) in the
animal compared to inorganic trace minerals. Higher bioavailability under specific conditions leads to
increased animal performance as well as environmental benefits. The company is especially strong
through its own commercial organisation in the US, while also selling in many other countries around
the world through distributors.
Selko feed additives
Selko is Nutreco’s feed additives business unit, which commercializes its products through Trouw
Nutrition’s global sales organisation. Selko is a market leader in natural feed additive solutions that
add value to integrators, feed mills and farmers. Focus areas are Salmonella control, feed safety and
gut health in antibiotic free production systems. The acquisition of Micronutrients adds to current
Trouw Nutrition nutritional solutions, including premixes, organic trace minerals and betain.