Page 25 - AWA Vol.36-No.5

POULTRY

mizing utilization of the nutrients provid- emphasis on emissions reduction, feed
ed in feeds; and both improving animal consumption efficiency, and better use
welfare and reducing environmental im- of water and land.
pact. Geraldine Matchett and Dimitri de
As part of the holistic approach, the Vreeze, Co-CEOs of DSM, said: “These
two companies are hosting a webinar are great businesses with strong and
on 2 June (2 pm CET) called ‘Driving sustained track records of profitable
your gut health performance to the limit’ growth and attractive margins. Biomin
which will help users maximize livestock and Romer Labs will help strengthen and
production. With state-of-the-art research and accelerate the growth of our specialty
The speakers will be Martin Smith, manufacturing facilities and approx- animal nutrition and health offering, in-
Technical Service Director Evonik and imately 1,200 employees around the cluding our big data and diagnostic cap-
world, the acquisition of Erber Group
Sadir Burak Sarpel Ruperez, Technical is a unique strategic opportunity that abilities, and it is exciting to be entrusted
Sales Manager Perstorp and registration provides revenue-enhancing synergies to take these family-founded businesses
is through email: michele.traumueller@ from the combined offering, global cus- forward. It was immediately clear to us
evonik.com that the people at Erber Group share
tomer base, and complementary geo- our purpose-led mission and will make
Circle 30 on enquiry card graphic strengths. Austrian-based Erber a wonderful addition to DSM”.
Group offers DSM the opportunity to Dr. Erich Erber, Founder, and President
DSM TO ADD WORLD- enter the mycotoxin risk management of Erber Group commented: “In DSM, I
market as the world leader and extends
recognize the mutual values of sustain-
LEADING ANIMAL the company’s position as one of the top able stewardship that are so important
suppliers in the rapidly growing animal
to us. The world must reduce farming’s
gut performance management market.
NUTRITION AND fungus contaminants in animal feed and environmental impact at the same time
Mycotoxins occur as a result of natural
as increasing protein production to feed
HEALTH SPECIALTY threaten the health of both animals and 10 billion people by 2050. To do that, we
have to make sure protein is produced
humans. In addition to increasing the risk
sustainably, using renewable ingredients
BUSINESSES WITH of illness, mycotoxins also reduce the nu- as much as possible, while protecting the
tritional value of feed. Biomin’s patented
well-being of animals. DSM is the perfect
ACQUISITION OF and proprietary technology provides home for our businesses, as Biomin and
the most scientifically advanced my-
Romer Labs will be able to use their new
ERBER GROUP cotoxin protection available. Biomin is scale to intensify our joint contribution to
also a major producer of phytogenic and
a more sustainable world’s food supply”.
probiotic feed alternatives to antibiot-
ics, which complements and strengthens Circle 31 on enquiry card
Royal DSM, a global science-based DSM’s position in the rapidly growing
company in Nutrition, Health, and Sus- global eubiotics market for improving
tainable Living, announces that it has animal gut health. NEW PACKER
reached an agreement to acquire Erber Romer Labs is at the forefront of dia-
Group for an enterprise value of €980m. gnostic technology with innovative test- PRINZEN 50
The value of the transaction represents ing solutions for the analysis of mycotox-
an EV/EBITDA multiple of about 14x ins in feed and food, food allergens and The Prinzen 50 represents a new
the 2020 EBITDA (fiscal year ending pathogens as well as veterinary drug packer generation and is the successor
September 2020). The transaction – residues, with accredited full-service of the former PSPC 30. The proven
which excludes two smaller units in the labs in Austria, UK, USA, and Singapore. technology for careful egg packing on
Erber Group – is expected to be earn- DSM’s extensive global network of food 30-cell trays with the unequaled point
ings enhancing in the first year upon and beverage customers, as well as feed down setting is fully maintained. New
completion. customers, stand to benefit from Romer design details are incorporated with a
Erber Group’s specialty animal nu- Labs’ expertise and the combined welded frame which makes the packer
trition and health businesses, Biomin group’s data-based quality assurance even more solid and hygienic. Modern
and Romer Labs, specialize primarily in offering. machine controls are combined with a
mycotoxin risk management, gut health touch panel for easy operation and ac-
performance management, and food cess for information. The compact and ¬
and feed safety diagnostic solutions, flexible design of the Prinzen 50 packer
expanding DSM’s range of higher value- makes daily egg collecting a quick and
add specialty solutions. Romer Labs also comfortably task at any size farm. In ad-
complements DSM’s human nutrition dition, low energy consumption and op-
and health offering to food industry cus- erational costs ensures a quick return on
tomers. Sanphar and EFB, representing investment.
7% of Erber Group’s total sales, are not
included in this transaction.
The acquired businesses have com-
bined sales of €330m and an Adjusted
EBITDA margin above 20% for the twelve
months to the end of March 2020, with a
high single-digit organic sales growth
rate over the past 5 years. The acquisition
will be debt financed, with committed The acquisition of Erber Group further
bridge financing in place. DSM continues strengthens DSM’s expertise and repu-
to benefit from a strong balance sheet tation as a leading provider of animal
and remains committed to maintaining health and nutrition solutions for farm
a strong investment grade credit profile. productivity and sustainability, with an Circle 32 on enquiry card

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