NEWS FEED & ADDITIVE MAGAZINE April 2023 11 Nestlé and Cargill team up with for the largest regenerative ranching initiative Vilomix acquires majority shareholding in Brazilian premix company Nestlé, the National Fish and Wildlife Foundation (NFWF), and Cargill have come together to help scale the adoption of voluntary conservation practices that help fight climate change. Through this work, the companies will support vital habitat for native wildlife, while also sustaining a robust beef supply chain. In one of the largest corporate commitments to regenerative ranching in the U.S. to date, two of the world’s largest food companies will invest a combined $15 million. This commitment will leverage up to $15 million in federal funds, leading to the activation of up to $30 million in grant funding over the next five years. This partnership will bring together private landowners and local conservation organizations to support voluntary land management practices, improve water management, and restore wildlife habitats. The work helps generate carbon benefits across more than 15 states, including areas in the Great Plains, Mountain West, Midwest and Southeastern portions of the U.S. The first set of NFWF-awarded grants made possible with this new partnership are expected to be announced in April 2023. Farmers and ranchers will then directly benefit from these funds by receiving technical and financial support to implement regenerative practices on their lands. The collaborative efforts of this partnership will serve as an action-based roadmap for sustainability leaders who are invested in creating positive impact in their supply chains but may not know where to start. Read more>> The Danish premix company Vilomix (owned by Danish Agro, Agravis and Vestjyllands Andel) closed an agreement to acquire 75% of the Brazilian premix and minerals company Vitamix Nutrição Animal, which owns factories in Brazil and also in Paraguay. Vitamix Nutrição Animal was founded in 1998 and is headquartered in Chapecó in the state of Santa Catarina, southern Brazil, where a large part of the animal production in the country is concentrated. In addition, the company has a premix and mineral plant in Naranjal, Paraguay. CEO of Vilomix, Peter Iversen, sees great prospects in the acquisition which will be a stepstone to the South American market. “I am delighted with the deal, which fits perfectly with our strategy to become an even more global player. We see clear synergies between Vitamix and Vilomix and together we have great potential in the sales of feed additives and customized premix solutions. At the same time, we believe that our strength and expertise in genetics in Denmark can help strengthen Vitamix’s position in both Brazil and Paraguay,” said Peter Iversen. Read more>>
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