Nutreco plans to buy Spanish feed mill
Nutreco has signed a letter of intent to buy the feed and meat assets of Copaga in Catalonia, Spain. This will enable Nutreco in Spain to further optimize feed and meat capacity and reduce production costs.
The assets of Copaga to be acquired comprise a feed
factory, a poultry processing facility and a pig integration business.
factory, a poultry processing facility and a pig integration business.
The feed factory has a capacity of approximately 300,000 tons and will
strengthen Nutreco’s market position in the region, the company said. The
poultry processing facility has a total production of approximately 25 million
chickens per year. This facility has been operated by Nutreco since July 2000
under a lease contract. The pig integration business of Copaga has 11,000 sows
producing approximately 200,000 pigs per year.
Related
website:
Nutreco
Source:
feedstuffs.com
