Adisseo has signed an agreement to acquire Nor-Feed and its subsidiaries, a French group that designs, manufactures and markets plant-based specialty ingredients and plant extracts for animal nutrition. This investment will allow Adisseo to continue its strategy of developing specialty ingredients, by offering natural and sustainable solutions to its customers, positioning itself in a market with an annual growth of almost 10%.
Nor-Feed, based in the Angers Technopole in France, was created twenty years ago by Pierre and Cecile Chicoteau and developed around an original and unique project focused on the preventive role of nutritional strategies by promoting botanical extracts from agricultural coproducts in animal nutrition and hygiene, to limit the use of antibiotics, coccidiostats, and pesticides.
Adisseo and Nor-Feed have already identified some synergies, in particular, to strengthen and develop the penetration and adoption of these products in very high-growth markets where Adisseo is already well-established and has real legitimacy.
Nor-Feed will continue to manage its R&D, production, and sales network, as well as Olivier Clech and Pierre Chicoteau, will continue to lead the company. Adisseo will give Nor-Feed the benefit of all its expertise and network to help it achieve its objectives and implement the synergies identified.
“We are pleased to have signed an agreement to acquire the Nor-Feed Group, which is consistent with the Adisseo mission to offer its customers sustainable, affordable, qualitative, and safe solutions. This operation is part of our strategy to accelerate the growth of our Specialty products on unique and differentiating technologies,” said Jean-Marc Dublanc, Adisseo’s CEO.
“Nor-Feed has solid bases, and our purpose is unique on the market. We have developed and registered botanical additives for animal nutrition, safe, effective, and manufactured in France in a structured CSR framework. Adisseo has worked alongside us since 2016 and will now allow us to take the Nor-Feed project much further,” said Pierre Chicoteau, co-director at Nor-Feed.
“The demand for botanical additives for animal nutrition is confirmed each year, and we have experienced an average annual growth of more than 20% over the last eleven years, driven in particular by our solutions to offset oxidative stress or manage coccidial risk. The growth potential remains considerable, and the team is very committed to continuing our development,” added Olivier Clech co-director at Nor-Feed.
