Nutrex South Africa acquired by De Heus
De Heus has announced the acquisition of feed company Nutrex KZN (Pty) Ltd., located in KwaZulu-Natal, South Africa.
The management of Nutrex will continue within their current positions and they are excited about this development because of the growth opportunities it will create for Nutrex. As a member of the De Heus group, it is intended that in due course Nutrex will trade under the name â€œDe Heus Nutrexâ€.
The acquisition of Nutrex fits the international strategy of De Heus, which focuses on strong local presence and growth in markets with high agricultural potential. The South African domestic market offers these opportunities.
Key components in this strategy are private ownership, maintaining an independent position in the food chain, as well as a dedicated focus on quality animal feeds. Nutrex will have immediate and longer term benefits from the De Heus Group in the areas of nutritional know how, R&D, technology, marketing and management.