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Place de cotation: AMSTERDAM
STOCK EXCHANGE
Nutreco
Holding N.V. is an international company in the animal nutrition and fish
feed markets, where it seeks to create added value through its knowledge
of the food chains. The company has a selected presence in various stages
of the food production chains. Nutreco’s strategy aims to regain solid
profit growth, reduce earnings volatility and improve return on invested
capital. In order to achieve these goals, Nutreco is rebalancing its portfolio
of activities and capital employed.
Nutreco’s
Business Groups, each comprising several Business Units, have approximately
75 production and processing plants in 20 countries and about 7,000 employees.
Nutreco’s
net sales in 2005 were EUR 3,002.4 million. It is quoted on the Eurolist
by Euronext of Euronext Amsterdam N.V. and is included in the Amsterdam
Midkap Index and the Euronext 150 Index.
http://www.nutreco.com/
Evialis shows interest
in take-over of a Nutreco feed operation in France
Nutreco France S.A.S.
has been approached by the French company Evialis S.A. to acquire the feed
speciality business of the Nutreco subsidiary Trouw Nutrition France S.A.S.
The business in Vigny had approximately EUR 20 million sales in 2005 and
employs about 65 employees.
Nutreco considers this
possibility as interesting and has decided to investigate all aspects related
to a potential divestment of this business in the course of the following
weeks together with its advisors. The company’s current feed specialities
business in France is too small in size to ensure sustained growth.
In case a decision will
be taken to dispose of the business, the works council will be consulted
on the consequences and modalities of such divestment.
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