Camlin Fine Sciences announced that its subsidiary, Dresen Quimica SAPI De CV, Mexico (CFS Mexico), has bought Vitafor Invest NV, Belgium. The purchase was made on June 11 for 1 euro (US$1.07).
This deal gives CFS full ownership of Vitafor and its subsidiaries, including Addi-Tech NV, Vitafor NV, Vitafor China Ltd., Europe Bio Engineering BV, and a 45% stake in Vial Sàrl. This acquisition strengthens CFS's position and supports its growth in the animal nutrition industry, said the company.
This acquisition helps CFS integrate Vitafor’s assets and expertise into its Animal Nutrition business, enhancing its capabilities in shelf-life extension, feed safety and animal performance. Vitafor's products, such as feed ingredients, nutritional products, hygiene products and disinfectants, will strengthen CFS's offerings across various animal segments. CFS said this move allows it to quickly enter new markets by using its existing supply channels and strong distribution network.
"This collaboration with Vitafor is a testament to our steadfast growth strategy and commitment to enhancing our portfolio with reputed brands," said Nirmal Momaya, managing director at CFS. "It not only expands our footprint across markets but also amplifies our capacity for innovation, fast-tracks our journey towards building a comprehensive portfolio."
CFS's Animal Nutrition business has grown beyond antioxidants to include products like toxin binders, mold inhibitors, pellet binders, growth promoters, moisture optimization, and feed sanitization programs for poultry, swine, ruminants, aqua and pet food segments.
CFS added CFS Mexico in 2016, growing its presence across Mexico, Central America and the Andean States.
