December 9, 2013
 
Nuscience acquires Metachem Nutrientes in Brazil
 
 

 

Feed additive company Nuscience Group has acquired Metachem Nutrientes, which develops, produces and sells feed additives in Brazil, marking the company's first acquisition in the key feed market of Brazil.

 

 

With its own production of both powder and liquid feed additives, Metachem Nutrientes will be an asset for the Functional Feed Ingredients business unit of Nuscience. The company has a production site in Itupeva, close to Sao Paulo.

 

Metachem Nutrientes was part of the Metachem Group, which is trading raw materials for several industrial segments since 25 years. With this acquisition, Nuscience is further realizing its growth strategy based on both innovation and presence in emerging markets. This acquisition is the first foothold of Nuscience in this large and high-potential market.

 

'We are delighted to close this deal with Metachem Nutrientes,' said Patrick Keereman, CEO of Nuscience Group. 'We have been looking for opportunities to get a foothold in South America, specifically in Brazil, because of its high potential today and in the future. Metachem Nutrientes fits perfectly with our ambitions to grow in the feed additives segment. We are looking forward to work together with their high qualified local team.'

 

Nuscience Group, the specialty division of the Royal Agrifirm Group, is a global producer of premix, concentrates, mineral mixes, feed for young animals and additives for the animal feed industry. Its products sold in more than 60 countries.

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