Evialis buys majority of Malta Cleyton
French animal nutrition supplier Evialis will acquire 70% of Malta Cleyton, one of the leading animal feed and pet food manufacturers in the Mexican market.
The French company will acquire a 50% stake as soon as government approval is
received and will buy another 20% within a year. US cooperative Growmark will
retain 10% and the company’s management will keep 20%.
Malta Cleyton
sells around 600 tonnes of animal feed every year and has revenues of around
€130 million. It employs 700 people and has ten sites in Mexico plus one in
Brazil. The acquisition will almost double the international turnover of
Evialis, bringing it to a third of its pro-forma sales for
2008.
Related news:
Raw material prices hurt Evialis results
Nutreco sells French feed part to Evialis
Related websites:
Evialis
Malta
Cleyton
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