NUSCIENCE, the specialty division of the Royal Agrifirm Group, has acquired Metachem Nutrientes, which is active in the development, production and sales of feed additives in Brazil.
With its own production of both powder and liquid feed additives, Metachem is an excellent asset for the Functional Feed Ingredients business unit of Nuscience, according to an announcement. The company has a production site in Itupeva, Brazil.
The acquisition marks Nuscience's first foothold in Brazil and helps the company realize its growth strategy based on both innovation and presence in emerging markets.
"We are delighted to close this deal with Metachem Nutrientes," Nuscience chief executive officer Patrick Keereman said. "We have been looking for opportunities to get our own foothold in South America, specifically in Brazil, because of its high potential (both) today and in the future. Metachem Nutrientes fits perfectly with our ambitions to grow in the feed additives segment."
Nuscience Group is a global producer of premix, concentrates, mineral mixes, feed for young animals and additives for the animal feed industry. With 650 employees worldwide, Nuscience sells its products in more than 60 countries.