De Heus Animal Nutrition announced that it has signed an agreement for the acquisition of Piensos Muga in Spain, effective June 29. De Heus said the acquisition is an important step for the company to strengthen its leading position as supplier of animal nutrition products in northern Spain, a key region in the country's livestock sector.
Founded in 1992, with an annual capacity of 80,000 metric tons, Piensos Muga specializes in the development and production of a complete range of high-quality feeds for dairy and beef cattle and other ruminants.
With De Heus already present in this part of Spain, synergy effects are expected to improve efficiency and service for customers, the announcement said.
Piensos Muga and De Heus fit with one another perfectly, De Heus said, noting that both companies provide customers with high-quality feed products, as well as with services and in-depth knowledge about animal nutrition and animal husbandry. Additionally, Piensos Muga will gain access to De Heus’s international knowledge, experience and research network, enabling it to further improve its products and services more quickly, De Heus said.
“After the previous successful acquisitions of Acorex in Extremadura, Evialis in Galicia and Unzue in Navarra, this acquisition reconfirms De Heus’s consolidation strategy in the non-integrated feed market in Spain," Jean-François Honoré, general manager of De Heus Iberia, said. "With this strategy, we can serve livestock farmers in the region even better, with the help of a local team of highly trained professionals who will add from now on the technology and international experience of De Heus. The Spanish regions of Navarra, La Rioja, the Basque Country and Aragon are areas of great relevance in terms of the livestock sector, and at De Heus, we want to contribute to its strength, integrating innovation and animal welfare."
Honoré added, “With the acquisition of Piensos Muga, De Heus Iberia establishes the ability to provide the best customer service, which is ultimately the goal we work towards every day. At the same time, very positive synergies are created between this new plant and the other two plants that we already have in this region of northern Spain. Our goal is to continue growing hand in hand with our clients in the north of Spain.”
As a family-owned company, De Heus Animal Nutrition was established in 1911 and has partnered in animal nutrition for four generations. It has an experienced team of thousands of professionals and produces animal feed in more than 20 countries. Additionally, De Heus is active in Eastern Europe, Africa, the Middle East and South America through the export of concentrates and premixes.