March 13 2017

Marubeni takes stake in Dutch Orffa International Holding

Japanese Conglomerate invests in Feed Additives Distribution

Marubeni  Corporation (Tokio, Japan) has announced that the group has reached an agreement to buy a 60% stake in Orffa International Holding B.V. (Werkendam, The Netherlands), a distributor of Feed Additives with sales activities in 60 countries worldwide.

 

According to Marubeni, the global market for Feed Additives is estimated at US$ 20 bn. It is expected to continue growing at a rate of ca. 4-5% per year. Key drivers are an increasing protein demand due to population growth in emerging countries and high-quality product preferences in developed countries.

 

Orffa, which was established on 1967, employs a staff of ca. 100 specialists. No financial details were disclosed on the transaction:

 

Source: Marubeni press release

 

HGE / DCG – 13.03.2017

 

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