In a strategic move to bolster its global footprint, Dutch-based Denkavit Group has acquired the Volac Milk Replacer business from the UK’s Volac International Ltd.
The deal, driven by a shared vision and values between the two companies, aims to propel the Milk Replacer business to new heights.
David Neville, CEO Volac International Ltd, said: “Our Milk Replacer business is something we can be hugely proud of. We want that business to continue to flourish.”
He continued: “As our portfolio of products in Volac Animal Nutrition expands further into the Feed Additives area following the successful acquisition of Micron Bio-Systems in 2021, we want to build on the synergies this brings. We have made the decision to sell our Milk Replacer business to a leading player in that market who can give it the focus it deserves.”
“It was hugely important to us to sell to a company with similar ambition and values. We have enjoyed a healthy relationship with Denkavit over the years, and look forward to this new chapter and seeing them take the Milk Replacer business to the next level.”
Erik Buys, CEO of Denkavit, added: “We are very excited to announce this important step for us. The Volac products impress us and, we believe them to be a valuable addition to our portfolio, as they are renowned for superior quality and therefore fit seamlessly into our Group.”
“This acquisition strongly supports our ambition for global leadership in the calf milk replacer industry, bringing us a strong position in the UK and Irish markets.”
Volac’s ‘easy-mix’ high-quality milk replacers enable farmers to enhance the nutrition and productivity of their livestock. The milk replaces provide a balanced and highly digestible source of nutrients for calves, promoting healthy growth and development. They also helps to reduce the risk of disease transmission compared to whole milk feeding.
Completion of the acquisition will see Denkavit become the sole owner of the Volac Milk Replacer commercial organisation, along with the Volac Socoor business in Italy. However, the deal includes a provision for Volac to continue supplying and blending products for the home markets of the UK and Ireland.
The partnership is anticipated to bring enhanced capabilities and resources to further elevate the Milk Replacer business on the global stage.
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