Nor-Feed becomes sole shareholder of its Vietnamese joint venture

Nor-Feed Vietnam was established in 2016 as a joint venture between Nor-Feed Holding and NAN Group.

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May 31, 2023

Nor-Feed Holding signed an agreement to acquire Nor-Feed Vietnam shares owned by NAN Group, thus becoming the sole shareholder of the Vietnamese company. Nor-Feed, based in the Angers Technopole, France, was established 20 years ago around an original and unique concept focused on the preventive role of nutritional botanical extracts from agricultural co-products, designed to limit the use of antibiotics, coccidiostats and pesticides in animal nutrition.

Nor-Feed Vietnam was established in 2016 as a joint venture between Nor-Feed Holding and NAN Group. The company has gradually introduced its botanicals additives on the Vietnamese feed market, supported by universities and research stations' work and field validation trials. Nor-Feed Vietnam has today a total of 28 registrations in Vietnam, for aquaculture and livestock applications.

Trieu Nguyen becomes director of Nor-Feed Vietnam. Nguyen was up to now regional commercial director, in charge of the Nor-Feed business in Southeast Asia and he will keep these responsibilities.

Olivier Clech, chairman of the board of Nor-Feed Vietnam and president of Nor-Feed Holding, said that “Trieu is one of our senior managers, who has demonstrated his business leadership over the years. The demand for botanical additives for animal nutrition is strong in Southeast Asia, especially to offset oxidative stress or manage coccidial risk. The growth potential remains considerable in Vietnam, and the local team is very committed to continuing our development under Trieu’s leadership.”

“I am delighted to take this additional responsibility and lead Nor-Feed Vietnam, and thankful for the trust of Nor-Feed management. I am deeply convinced that sustainable farming is the way forward, and our botanicals can play a significant positive role. We will work with our team to bring sustainable value to our partners,” said Nguyen.