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Circular Organics acquires Belgian insect company Millibeter

The Belgian company Millibeter has been acquired by Circular Organics™, a division of the Insect Technology Group™ which also owns the insect company AgriProtein. Millibeter is now part of this group and will be rebranded as Circular Organics™.

Circular Organics acquires Belgian insect company Millibeter
February 20, 2019

AgriProtein, rebranded as Insect Technology Group, is one of the leading firms in insect technology and fly farming. The holding company owns different consumer-facing companies as Circular Organics™ that converts the animal feed-grade substrates into premium protein, lipid and chitin products for use as animal feed ingredients.

The Belgian company Millibeter has been acquired by Circular Organics™, which also owns the insect company AgriProtein. Millibeter is now part of this group and will be rebranded as Circular Organics™ that will recycle agricultural by-products and organic waste into protein, oil and soil products for feed, food, and other applications.

The nine Millibeter team members have already joined the Circular Organics™ operational team in Europe as the company expands its existing site and gears up to deliver a number of factories in Europe over the coming two years. The R&D team has also increased by eight people, under-lining the group commitment to R&D in Europe. The team will work closely with other research teams across the Insect Technology Group™ to improve production efficiencies and add value to insect-derived products for its customers. The company will maintain its involvement in a number of projects including InDirect (Horizon2020), Kempen Insect Cluster (European Regional Development Fund) and the PPILOW.