Company Investments

Royal DSM announced that it has signed an agreement to acquire US-based First Choice Ingredients for an enterprise value of $453 million.

China-based high-tech yeast company Angel Yeast has announced it has established a joint venture company with Shandong Lufa Holding to invest $15.4 million to acquire yeast relevant assets of Shandong Bio Sunkeen Co., Ltd.

Nutreco entered into two joint ventures with the Kenya-based, largest feed miller in East Africa Unga Group Plc to meet the growing demand for high-quality protein.

Leading dairy nutrition company Volac has announced its acquisition of Micron Bio-Systems, the UK based bio-science solutions business.

Kainos Capital acquired Muenster Milling, family-owned pet food and ingredient manufacturer based in Texas, USA. Proprietary transaction builds on Kainos’ history of partnership with family-owned manufacturing businesses.

Nutreco invested in Proteon Pharmaceuticals to reduce the reliance on antibiotics within aquaculture and livestock farming.

Cargill and Continental Grain Company have announced that they will acquire Sanderson Farms for $203 per share in cash and create a leading U.S. poultry company. The transaction brings together two complementary U.S. poultry operators, Wayne Farms and Sanderson Farms, under the joint ownership and control of two premier food and agribusiness companies with deep roots in U.S. agriculture.

U.S. based Milk Specialties Global has acquired Kay’s Processing, Inc. The acquisition includes the 96,000-square-foot Kay’s Processing facility in Clara City, MN and the Kay’s Naturals consumer brand.

French botanicals firm Nor-Feed will inaugurate new production plant in Chemillé on September 7th.

Royal DSM has acquired Midori USA, Inc., a biotechnology start-up with a novel precision platform developing eubiotics that improve the health and environmental impact of animals.