July 13, 2021
FrieslandCampina completes transfer of animal nutrition business
FrieslandCampina has transferred its Nutrifeed animal nutrition activities to Denkavit as of July 1, the dairy cooperative announced.
The sale was previously announced in May. Following the transfer, Nutrifeed employees will join Denkavit.
Now a part of Denkavit, an international player with a strong focus on young animal nutrition, Nutrifeed will have better opportunities to achieve its growth ambitions, according to FrieslandCampina. For Denkavit, the acquisition is a chance to further expand its global market position in young animal nutrition.
"Denkavit offers us a good opportunity to create added value for our dairy by-streams," FrieslandCampina said.
With Nutrifeed no longer under its management, the cooperative decided to fully focus its ingredients business, giving attention to producing high-quality ingredient solutions in all life stages.