Denkavit's Global Expansion: Acquiring Volac Milk Replacer Business for New Horizons
Source: The DairyNews
In a strategic move aimed at strengthening its global presence, Denkavit Group, based in the Netherlands, has successfully acquired the Volac Milk Replacer business from UK-based Volac International Ltd.
The acquisition, grounded in a shared vision and values, marks a pivotal step in elevating the Milk Replacer business to unprecedented heights.
David Neville, CEO of Volac International Ltd, expressed pride in the Milk Replacer business and its flourishing journey. With the expansion of Volac Animal Nutrition's product portfolio into the Feed Additives area post the successful Micron Bio-Systems acquisition in 2021, the decision to sell the Milk Replacer business to a market-leading player like Denkavit was driven by the desire to focus on synergies and growth.
Erik Buys, Denkavit's CEO, shared his excitement about this significant step, highlighting the impressive quality of Volac products that seamlessly align with Denkavit's portfolio. This acquisition strongly aligns with Denkavit's ambition for global leadership in the calf milk replacer industry, securing a robust position in the UK and Irish markets.
Volac's 'easy-mix' high-quality milk replacers play a crucial role in enabling farmers to enhance the nutrition and productivity of their livestock. These replacers offer a balanced and highly digestible source of nutrients for calves, promoting healthy growth and development while minimizing the risk of disease transmission compared to whole milk feeding.
Upon completion of the acquisition, Denkavit will become the sole owner of the Volac Milk Replacer commercial organization, including the Volac Socoor business in Italy. The deal also includes a provision for Volac to continue supplying and blending products for the UK and Ireland markets.
This strategic partnership is anticipated to bring enhanced capabilities and resources, further propelling the Milk Replacer business to new heights on the global stage.
David Neville, CEO of Volac International Ltd, expressed pride in the Milk Replacer business and its flourishing journey. With the expansion of Volac Animal Nutrition's product portfolio into the Feed Additives area post the successful Micron Bio-Systems acquisition in 2021, the decision to sell the Milk Replacer business to a market-leading player like Denkavit was driven by the desire to focus on synergies and growth.
Erik Buys, Denkavit's CEO, shared his excitement about this significant step, highlighting the impressive quality of Volac products that seamlessly align with Denkavit's portfolio. This acquisition strongly aligns with Denkavit's ambition for global leadership in the calf milk replacer industry, securing a robust position in the UK and Irish markets.
Volac's 'easy-mix' high-quality milk replacers play a crucial role in enabling farmers to enhance the nutrition and productivity of their livestock. These replacers offer a balanced and highly digestible source of nutrients for calves, promoting healthy growth and development while minimizing the risk of disease transmission compared to whole milk feeding.
Upon completion of the acquisition, Denkavit will become the sole owner of the Volac Milk Replacer commercial organization, including the Volac Socoor business in Italy. The deal also includes a provision for Volac to continue supplying and blending products for the UK and Ireland markets.
This strategic partnership is anticipated to bring enhanced capabilities and resources, further propelling the Milk Replacer business to new heights on the global stage.
