Nutreco finalises takeover of Tenusa Trouw
Nutreco Holding has acquired the remaining 40% shares
in Tenusa Trouw Nutrition Mexico.
With the acquisition of a majority stake in the family-owned Mexican premix
and speciality feed company Tenusa in 2005, parties agreed that Nutreco would
gain full ownership within a defined period.
Tenusa Trouw Nutrition
Mexico has a leading market position in the Mexican premix and speciality feed
This position will be strengthened by
the recently announced acquisition of BASF Mexico which makes Nutreco the number
two in the Mexican market; the fifth largest feed producing region in the
Tenusa Trouw Nutrition including BASF Mexico has three
production facilities and revenues of around €40 million.
This next step fits well in Nutreco's growth objectives for
its core business. The animal nutrition market in the NAFTA countries is the
largest in the world and it has been a long standing ambition of Nutreco to
increase its presence in this important market.
strategy in animal nutrition focuses on capturing strong market positions in
nine countries where Nutreco is already active: Brazil, Canada, China, Germany,
India, Poland, Mexico, Russia and the United States.
â€¢ Tenusa Trouw Nutrition
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