SA explosive/chemical firm to buy feed additive company
AECI, an explosives and specialty chemicals group based in South Africa, has announced its intention to buy animal feed company SA Premix.
AECI is a subsidiary Chemfit Proprietary Limited which provides the livestock industry with medicated feed additives, diagnostic equipment and vaccines. SA Premix’s principal activity is the production and distribution of animal feed premixes to feed mills and livestock farmers in Southern Africa.
SA Premix will be merged with Chemfit.
SA Premix mainly supplies the poultry feed industry at present but opportunities for growth have been identified in the beef, swine and companion animal markets where Chemfit already has a presence.
The acquisition is subject to approval by South Africa’s Competition Commission.
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