De Heus Animal Nutrition acquires Neovia IndonesiaChristian Fernsby ▼ | June 3, 2020
On the 2nd of June, De Heus Animal Nutrition completed the acquisition of the compound feed operations of Neovia Indonesia (PT Welgro Feedmill and PT Wirifa Sakti) from ADM.
Indonesia De Heus Animal Nutrition
For De Heus Indonesia, the acquisition is an important step in its ambition to become a leading player in the Indonesian animal feed market.
Gabor Fluit, Business Group Director De Heus Asia: "After our successful entry into Indonesia in 2018 through the acquisition of PT Universal Agri Bisnisindo (UAB) in Bekasi, West Java, this acquisition will accelerate our Indonesian growth strategy.
"It gives us an excellent opportunity to expand our position in key livestock and aqua farming areas, close to our existing and potential new customers."
Kay De Vreese, President Director De Heus Indonesia: "We are very pleased that our focus on improving product quality and sharing best practices is recognised and appreciated by a significantly growing customer base in Indonesia.
"We will continue to implement our investment plans over the coming years." ■