Bluestar Adisseo (Nanjing) recently announced that it has completed the acquisition of Dutch feed additive manufacturer FRAmelco Group (FRAnklin Group Co., Ltd and its wholly-owned subsidiaries, hereinafter collectively referred to as "FRAmelco"). As an important part of Adisseo's global strategy, the acquisition will help the company further consolidate its position as a global leader in special feed additives for animal nutrition.
FRAmelco Group focuses on the development, production and promotion of animal feed and feed-water additives worldwide. Headquartered in the Netherlands, the Group has three factories in the Netherlands, Spain and Thailand, with business in many countries/regions and annual sales of nearly 30 million euros. Its main products include short- and medium-chain fatty acids which enhance animals’ immunity and reproduction, and lysolecithin which can improve animals’ digestion and absorption of nutrients.
Adisseo CEO Jean-Marc Dublanc said, “We are very pleased to announce our acquisition of FRAmelco and warmly welcome it to join us. The business advantages of FRAmelco and Adisseo are highly complementary, which will help us to accelerate the development of special products. The two sides will work together to build an efficient organizational structure, strengthen Adisseo's leading position in the field of animal nutrition and health, and further tap the market potential.”
François Pellet, executive director of Adisseo's special products business, said: “The combination of talents and technologies from the two sides will help Adisseo to continuously break the R&D boundaries and provide innovative solutions for our customers in the market of livestock, poultry and aquatic products.”
Lars Snijders, CEO of FRAmelco, said, "Our global customers, suppliers and partners welcome this acquisition, and the teams of Adisseo and FRAmelco will work together to accelerate business integration and achieve synergy as soon as possible."