February 8, 2007

Dutch feed group to buy Hungarian feed company

Dutch feed producer Cehave Landbouwbelang plans to buy a feed company in Hungary, chairman of the executive board Kees Sijsens said.

Sijssens did not mention the sum of the planned sale.

In spite of the fact that the Hungarian market is not an important market for the animal feed sector, Sijssens has pined high hopes on the potential the country.

Hungary is rich in raw materials and would go a long way, he said.