On February 9, Bluestar Adisseo Co., Ltd. (hereinafter referred to as “Adisseo”) announced to acquire Nutriad - a global feed additives manufacturer (hereinafter referred to as “Nutriad”). This acquisition has been fully supported by ChemChina and Bluestar and will help Adisseo further consolidate its global leadership in the field of special animal nutrition products by following Adisseo’s development strategy.
Nutriad, a global company headquartered in Dendermonde, Belgium, owns 4 R&D labs and 5 plants respectively located in Belgium, Spain, the UK, China and the US, with an annual sales volume about CNY 600 million. Nutriad provides products covering plenty of animal species, including poultry, pigs, aquatic animals, dairy cow and beef cattle, and has its client base highly complementary to that of Adisseo. This acquisition will help full cooperation between the parties to create integrated solutions and more value for customers.
Jean-Marc Dublanc, CEO of Adisseo, said: “Welcome Nutriad to join in Bluestar Adisseo, and we’re pleased to complete the acquisition for Nutriad so quickly. The combination of high complimentary Adisseo and Nutriad will help Adisseo accelerate the business development in special products, and the parties will fully cooperate to enhance the global competitiveness in product portfolio and improve the overall operation efficiency.”
Fran?ois Pellet, Executive Director of Adisseo’s Special Products Business, deems: “The combination of talents and technologies of the parties will help Adisseo constantly break the R&D boundary and expand the coverage of special products in both mature and emerging markets.”
Erik Visser, CEO of Nutriad, said: “We have received enthusiastic response from global customers, suppliers, distributors and employees just after the news on acquisition of Nutriad by Adisseo came out. Now, since the acquisition has been completed, the teams from Adisseo and Nutriad will jointly promote integration of the parties with their great passion and enthusiasm to bring more efficient value-added solutions for the market.”
About Bluestar Adisseo Co., Ltd.
Owning seven research centers and two production platforms in Europe and China, Adisseo designs, produces and promotes sustainable nutrition solutions for animal feed. Adisseo has more than 1,900 employees, and provides services for 2,600 customers in more than 100 countries and regions through its global network. Adisseo is listed on Shanghai Stock Exchange, with its parent company as China National Bluestar Group, which is a leader in Chinese chemical industry and has about 25,000 employees in the world.
Adisseo website: www.bluestar-adisseo.com
About Nutriad
Nutriad provides more than 1,200 customers in more than 80 countries in the world with feed additive solutions helping enhancement of animal nutrition and health through its sales offices and distribution network. Nutriad provides its products and services through 4 application labs and 5 production bases in three continents.
Nutriad website: www.nutriad.com