[ News ]
DuPont receives USDA
approval for its Plenish™
soybeans
Danish feed groups agree
to merge
Two feed manufacturing organizations in Denmark plan to
merge. Members of Jutland co-operative Nordjysk Andel voted
during a special general meeting to merge with Danish Agro.
The merger brings together businesses with about 700 employees and a turnover of $6.1 billion Danish krone. Their combined
market share is estimated at between 30% and 32%.
Danish Agro chairman Jørgen H. Mikkelsen said the enterprises have already played a joint role in the consolidation
of the Danish feed market, most recently by acquiring assets
of Arhus-based regional mill operator Aarhusegnens Andel
as well as participating in the takeovers of feed companies
Hedegaard A/S and Aller Mølle A/S.
Both teams agreed that the structural consolidation of
Danish agriculture will continue and intensify. The newest
predictions call for a fall in the number of full-time operations
from over 15,000 in 2006 to around 9,100 in 2015, meaning the
national feed industry must face further adjustments.
