French animal feed company attracts bids from several companies

American agricultural giants Cargill, are among several companies showing interest in the French animal feed company Provimi SA. Other companies showing interests in Provimi are Chinese giants New Hope Group as well as Dutch animal feed company Nutreco and Dutch life science company DSM.

The sale of Provimi could fetch more than €1.8 billion (US$2.59 billion). Market experts believe that the animal feed industry is fragmented and a candidate for consolidation. A second round of bidding is expected in about six weeks. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers