Page 22 - Vol.36-No.9 issue

FRAmelco

BLUESTAR ADISSEO ANNOUNCES CLOSING

OF FRAMELCO GROUP ACQUISITION.

Bluestar Adisseo Company (“Adisseo”) announces that it has completed the acquisition of FRAmelco Group,
a Dutch feed additive company (meaning FRAnklin Group BV and its wholly owned subsidiaries – hereafter
“FRAmelco”). This transaction contributes to Adisseo’s strategy to become one of the worldwide leaders of
specialty additives in animal nutrition.
seo’s position in the promising Health by Netherlands, operates 3 plants located
Nutrition market segment” said Adisseo in The Netherlands, Spain and Thailand.
CEO Jean-Marc Dublanc. The business generates gross sales
“Combining our talent and technology close to €30 million per year.
“We are pleased to have completed will enable Adisseo to continue to push Most of FRAmelco sales are made of
the FRAmelco Group acquisition and we the boundaries of innovation. Our teams Glycerides (short and medium chain
warmly welcome FRAmelco talents in will offer value adding and innovative fatty acids) to enhance animal resilience
the Adisseo team. solutions to livestock and aqua custom- and improve animal performance and
This complementary combination ers” added François Pellet, Adisseo Ex- Lysolecithins to increase feed digestibil-
supports our strategy for accelerating ecutive Director Specialty Products. ity.
growth of our Specialty products busi- FRAmelco CEO Lars Snijders stated:
ness. Together, we will set up an efficient “Our customers, suppliers, distribution
organization which will reinforce Adis- partners and employees across the
world have welcomed with enthusiasm
the announcement of the acquisition of
FRAmelco by Adisseo. Now that we have
confirmed the completion of the transac-
tion, Adisseo and FRAmelco teams will
jointly work with full energy and passion
on synergies implementation.”
FRAmelco Group, a family owned mul-
tinational group headquartered in The
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20 Vol. 36 No. 9