Nedalco now becomes an integral part of Cargill’s starches and sweeteners business in Europe.
Cargill and Nedalco – whose operating plants are adjacent to each other in the Netherlands and the UK – have been business partners for many years. Cargill’s wheat processing plants supply Nedalco with raw materials for its alcohol production process. This acquisition is therefore a natural extension and integration of the two companies’ operations.
This deal involves Nedalco’s head office in Bergen op Zoom (The Netherlands) along with its production plants in Manchester (UK) and Sas van Gent (The Netherlands).
The two Nedalco plants produce about 1m hectolitres of high quality potable and industrial alcohol per annum and employ approximately 100 people.
For the Nedalco operations in Heilbronn (Germany) the due diligence process is still ongoing. Nedalco’s technology development activities are not part of this transaction.
Source: Cargill
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