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HomePosts Tagged "Nutreco"
Animal Health, Company News, Live Stock, World

The acquisition encompasses two premix production facilities—known as the Pasuruan site in Surabaya and the Cibitung site in Jakarta—as well as laboratories, warehouses and offices across Indonesia

ADM, a global leader in human and animal nutrition, announced that it has reached an agreement to acquire PT Trouw Nutrition Indonesia, a subsidiary of Nutreco and a leading provider of functional and nutritional solutions for livestock farming in Indonesia. 

Incorporated in 2007, PT Trouw Nutrition Indonesia is a leading premix manufacturer, providing innovative and comprehensive nutrition solutions for the animal industry. Their premix production facilities feature full automation solutions with intelligent process optimization, and they are industry 4.0-ready with professional project management and execution. 

With the planned acquisition, ADM will be strengthening its premix and feed additives & ingredients (FA&I) business and strategically positioning itself to meet the anticipated market growth to sustain the rising demand for protein. The acquisition encompasses two premix production facilities—known as the Pasuruan site in Surabaya and the Cibitung site in Jakarta—as well as laboratories, warehouses and offices across Indonesia. 

“This acquisition will complement our regional footprint and will represent a step forward in achieving our vision of leading the animal nutrition industry,” said Gerald Wilflingseder, president of ADM’s animal nutrition business in APAC. “It will enable us to enhance our premix production capabilities, ensuring that we are strongly positioned to provide localized solutions and customized services swiftly to customers in Indonesia and the broader region. We believe this move will not only enhance ADM as a major player in premixes and FA&I in Indonesia but also reinforce our reputation as the preferred partner for customers looking for full animal nutrition solutions offerings.” 

Once the acquisition is complete, ADM will integrate PT Trouw Nutrition Indonesia into its wider footprint in Indonesia, creating new opportunities to broaden the portfolio of products and solutions offered to customers. In addition, Dr Pierre Domps, general manager of Animal Nutrition Indonesia at ADM, commented, “Our commitment extends beyond products and solutions; we strive to provide a spectrum of services. We will provide customised solutions and services backed by international technical expertise and support from our lab services. This approach ensures comprehensive support for local production, enabling a tailored strategy to meet the unique market demands in Indonesia and the Asia-Pacific region.” 

The acquisition encompasses two premix production facilities—known

Acquaculture, Animal Health, Company News, Environment, Live Stock, Sustainability, World

Nutreco’s investment in BiomEdit underscores strategic partnership and a shared mission to create novel animal health solutions through the untapped potential of the microbiome

Nutreco, a global leader in animal nutrition and aquafeed, announces that it has taken a minority stake in animal health’s most advanced microbiome biotech company, BiomEdit. The two companies recently entered into a ground-breaking, long-term strategic research and commercial partnership – the first since BiomEdit was founded – to bring livestock and aquaculture producers innovative and truly novel feed additives developed through microbiome technology. 

“Through this investment, we are reinforcing the unique collaboration that brings together BiomEdit’s state-of-the-art microbiome discovery platform and Nutreco’s customer access and distribution capabilities,” said Fulco van Lede, CEO Nutreco. “We’re excited about its potential to help us super-charge our supply of proprietary ultra-speciality ingredients, speed up progress on our purpose of Feeding the Future and create a more sustainable future for our industry.”

“Nutreco’s investment in BiomEdit underscores our strategic partnership and a shared mission to create novel animal health solutions through the untapped potential of the microbiome,” said Aaron Schacht, CEO of BiomEdit. “We are pleased that Nutreco, a global leader in animal nutrition and aquafeed, is joining our roster of world-class Series A investors to help fuel innovation in feed additive products.”

Nutreco's investment in BiomEdit underscores strategic partnership

Acquaculture, Company News, Finance, Start ups

Nutreco’s acquisition of Eruvaka will enable Skretting, its aquaculture business, to deliver on-farm software and smart equipment to shrimp farmers globally.

 Agritech-focused venture capital firm Omnivore announced the sale of Eruvaka to Nutreco , delivering the largest exit to date in Indian agritech.  Based in Vijayawada, Eruvaka develops cloud-based aquaculture pond management solutions, including real-time monitoring and smart feeders. Nutreco, a global leader in animal nutrition and aquaculture, acquired a majority stake in Eruvaka. Nutreco’s acquisition of Eruvaka will enable Skretting, its aquaculture business, to deliver on-farm software and smart equipment to shrimp farmers globally.

Omnivore originally invested in Eruvaka in 2013, one year after the startup was launched by Sreeram Raavi, an engineer with prior work experience in semiconductors. A true agritech pioneer, Raavi recognized that shrimp farmers globally struggled with pond management and began building IoT solutions to radically improve their profitability. Within a few years, this homegrown Andhra Pradesh startup discovered a demand for its technology solutions across multiple geographies, including Ecuador, Honduras, and Mexico. Eruvaka has been profitable since FY2018-19 and has delivered 168.5 per cent compound annual revenue growth since FY2017-18.

Commenting on the exit, Sreeram Raavi, Founder of Eruvaka said, “I am extremely grateful to my incredible team in Vijayawada, who believed in the vision and persevered to make Eruvaka a global leader in precision aquaculture technology. We are thankful to Omnivore for believing in us and guiding Eruvaka to this moment. I have absolute faith that Eruvaka will thrive under the leadership of Nutreco, bringing digitization and sustainability to aquaculture farms across the world.”

Mark Kahn, Managing Partner at Omnivore, also noted, “Eruvaka is an amazing example of Make in India, delivering cutting edge agritech solutions to aquaculture farmers globally. With Nutreco acquiring Eruvaka, the Indian agritech ecosystem has seen its first large exit, and many more will follow in the coming years. This is a very proud moment for Omnivore, for Eruvaka,  and for agritech in India.”

Nutreco CEO Fulco van Lede says, “We are grateful to everyone whose expertise and vision brought Eruvaka to where it is today. In particular, the company’s dedicated employees, its most valuable asset; its founder Sreeram Ravi, who not only invented the original concept but whose vision and drive brought it successfully to market; and aqua/agritech-focused venture capital firm Omnivore, whose early belief and investment in the company were instrumental to its growth. We are looking forward to further developing and growing Eruvaka together with its great team.”

Nutreco’s acquisition of Eruvaka will enable Skretting,