Acquisition: Denkavit drives expansion with international acquisition

Acquisition: Denkavit drives expansion with international acquisition

Denkavit, with a turnover of €900 million and more than 650 employees, operates worldwide with Europe as its home market and has locations in several countries. Volac International Ltd has eight production facilities across the United Kingdom, Ireland, the United States, Indonesia and Malaysia.

p>David Neville, CEO of Volac International Ltd: “We take great pride in our milk replacers, and we want this business to continue to flourish. As our product portfolio in Volac Animal Nutrition expands further into the field of feed additives, following the successful acquisition of Micron Bio-Systems in 2021, we want to build on the synergies this creates. We have therefore chosen to sell our milk substitutes to a leading player in this market, so that they can give it the attention it deserves."

The completion of the acquisition is an important milestone for both companies

He continues: "It was vitally important to us that these activities were sold to a company with similar ambitions and values. We have a strong relationship with Denkavit and look forward to this new chapter, to see how they take the milk replacers to the next level.”

p>Erik Buys, CEO of Denkavit: “We are delighted to announce this important step. Volac’s products have impressed us and we regard them as a valuable addition to our portfolio. They are renowned for their superior quality and therefore fit seamlessly into our group. This acquisition strengthens our global leading position in the calf milk replacers sector and gives us an excellent position in the British and Irish markets.”