ForFarmers No 1 in Europe after takeover of BOCM Pauls

ForFarmers has taken over UK based food group BOCM Pauls for €85 million ($112.872 million) and is now the largest feed producer in Europe. The contract between the two companies was signed yesterday March 28. The price of purchase is based on an enterprise value after deducting a provision for deficits of the pension fund and a deferred payment of the net proceeds of property for development. Read more ...

German feed companies merge

Two German co operatives Raiffeisen Emsland-Mitte in Klein-Berssen and Raiffeisen Grenzland in Laar (both in West Germany close to the Dutch border) have decided to merge their activities. The new name of the merged company will be “Raiffeisen Ems-Vechte”. The main reason for the merger is make better use of production capabilities of the two coops. Read more ...