Kemin Industries, Inc. announced today it acquired controlling interest
in Nord Palatabilzantes do Brasil, to expand their global pet food
palatant business into Central and South America.
Finalized on March 19, 2008, and effective immediately, the legal name
of the company will be Kemin Nord Palatabilizantes do Brasil SA. This
strategic acquisition will combine the expertise, experience and
technology of Kemin with the successful Nord business to provide
high-quality pet food palatants to Central and South America.
Nord started production in February 2003, and has annually achieved
rapid growth in the sales of palatants to pet food manufacturers. The
company is located in Santa Catarina state, which has a large
availability of fresh ingredients used to manufacture the palatants. The
company recently completed construction on a new, state-of-the-art
manufacturing facility to better service its growing pet food customer
base.
Kemin will be responsible for the management of Kemin Nord
Palatabilizantes do Brasil SA and will market new products under the
Palasurance® brand to
pet food companies.
“This acquisition provides the opportunity for
Kemin to build on the strength of our established knowledge and
expertise in the pet food industry for palatability and antioxidants and
expand our commitment to deliver the highest quality palatability
enhancers to our customers,” said Giuseppe
Abrate, president of the Kemin pet food ingredient business. “I
am pleased to add South and Central America to our existing U.S. and
European facilities for pet food palatants to give our customers freedom
to choose the best product that will deliver the best flavor.”
“The acquisition of Nord further accelerates
our vision to improve the quality of human and animal life throughout
the world,” said Chris Nelson, president and
CEO of Kemin Industries.
Kemin – Inspired Molecular Solutions.
Founded in 1961, Kemin Industries Inc. (www.kemin.com)
provides health and nutritional solutions to the Agrifoods, Food
Ingredients, Pet Food and Human Health and Pharmaceutical Industries.
Kemin operates in more than 60 countries with manufacturing facilities
in Belgium, Brazil, China, India, Singapore, South Africa, Thailand and
the United States.
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