Cargill to purchase LNB International Feed
Cargill has announced plans to purchase LNB International Feed, a privately held animal nutrition premix business.
The acquisition has been approved by the Polish and Romanian anti-trust authorities and is expected to be completed by the end of February 2007.
The main business focus of LNB is the production of premix -and/or vitamin supplements. The acquisition of LNB will complement Cargill’s animal feed business and will extend Cargill’s current supply network to new important markets while also adding premix to the portfolio.
The main business focus of LNB is the production of premix -and/or vitamin supplements. The acquisition of LNB will complement Cargill’s animal feed business and will extend Cargill’s current supply network to new important markets while also adding premix to the portfolio.
Strategic acquisition
This will be the second largest acquisition of an animal nutrition company for Cargill, following its Agribrands acquisition in 2001.
The LNB acquisition is a compelling strategic fit that will strengthen Cargill’s leadership in the animal nutrition sector with distribution across key international markets, including areas with significant growth potential such as Romania, Russia, and Poland.
Related websites:
• LNB
• Cargill
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