Nuscience and Agrifirm invest in Serbian feed market
Agrifirm has acquired 35% of the company Sto posto, the market leader in compound feed in Serbia. And the Nuscience Group, the premix and specialties division of Royal Agrifirm Group, has acquired 51% of the Serbian premix producer Novi Mix.
Sto posto is located in Velika Plana, has an up-to-date production and an annual volume of more than 80,000 tonnes.
‘The agricultural sector in Serbia, which has 3.5 million hectares of arable land and a quarter of the Dutch livestock, has enormous potential for further development,’ says Ton Loman, CEO of Agrifirm.
With the new, modern factory of Novi Mix, Nuscience Group is the only premix producer in Serbia.
“This deal fits our strategic plan for the coming years,” says Patrick Keereman, CEO of Nuscience Group.
“Nuscience is growing globally and particularly wants to be present in interesting emerging markets… The modern production facilities and the professional team of Novi Mix strengthen our position in Central Europe and the Balkan region.”
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