French group Evialis announced that it has closed negotiations to buy Brazil's Cargill Nutrição Animal Ltda (Cargill Animal Nutrition's), which includes the entire Purina brand range, specialized in pet food.
This acquisition. says Evialis, will allow the French conglomerate to become market leader in the animal nutrition sector within the Brazilian free market (3rd largest worldwide) and perfectly fits within its strategy for international expansion in target markets.
Evialis now counts on 9 factories across the country and markets its products through 3 brand names (Socil, Zoofort and Purina), through 3 specific distribution networks.
Annual revenue more than doubles to total around US$ 200 million. Once the organizational aspects have been finalized, this operation should generate regular profits and provide the means to capitalize on this dynamic Brazilian livestock market.
Evialis says it has been a presence in Brazil for 67 years through the Socil company, which has factories in Descalvado (São Paulo state), Barra Mansa (Rio de Janeiro), Contagem (Minas Gerais) and São Lourenço da Mata (Pernambuco), plus itsÂ Zoofort subsidiary, in Primavera do Leste (Mato Grosso).
Elsewhere, in pursuit of its plan to optimize its business on the French market, Evialis has recently reorganized its operations in the Rhone-Alpes region.
Benefiting from the closure of a different site, the factory based in Saint-André (38) in France, in which the Group has been a partner within the Dauphinoise co-operative for over 30 years, has been reinforced in order to cope with an annual production of more than 100,000 tons, which makes it the leading factory in the region.
Evialis, international animal nutrition specialist has increased its shareholding to 50% and now takes responsibility for the operational management of the site, the General management being assumed by the Dauphinoise Group.
Evialis, international animal health and nutrition specialist, is quoted on the Eurolist index of Euronext, section C at the Paris Stock Exchange. The Evialis Group provides livestock farmers and feed producers with a range of animal health and nutrition products, operating in three areas: Compound feed for livestock and pets, Premix and specialized products and expert advice to industrial food producers and home-mixers. Animal health dietary and hygiene products.
With an industrial presence in 16 countries with 64 plants over the world, Evialis sells its products and services in 50 different countries.