September 16, 2021
Vilomix acquires majority shareholding in Spanish premix company
Denmark-based Vilomix Holding A/S has acquired a majority shareholding in TEGASA (Técnica Ganadera S.L.), a Spanish company, effective September 2.
TEGASA produces vitamin and mineral mixes (premix) and supplementary feeds/vitamin supplements for pigs, cattle and poultry. The company has a strong brand in the Spanish market and operates internationally.
TEGASA's factory in Valls, Tarragona, Spain, is fully automated with its own laboratory, and production processes there are quality-certified according to FAMI-QS and ISO 22000 quality standards.
"I am very satisfied with this acquisition, which fits in perfectly with our strategy of growth and taking a leading position in southern Europe", Peter Iversen, chief executive officer of Vilomix Holding, said. "We see major synergies between TEGASA and Vilomix within product development and the considerable expertise within animal nutrition. Spanish pig production is characterised by major integrators, and the opportunity of working close with these players, will now be even better.
"We also believe that with our strength and know-how within feeding genetics from Denmark, we can create an even stronger position for our new subsidiary in the Spanish market."
Pablo Masiá, CEO of TEGASA, said: "We, at TEGASA, are very proud to assist Vilomix on its growth strategy helping them to place the Danish flag in the Spanish market through our company. We are very confident that TEGASA's market experience, together with Vilomix's expertise within animal nutrition, will be able to add the highest value to our current and future customers through a complete catalogue of products and services.
"We look forward to start this new project together with Vilomix and help the Spanish agri-industry with new developments and solutions that will come, taking TEGASA-VILOMIX to the next step."