ForFarmers has announced that its underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2018 would show a modest decline compared to 2017.
ForFarmers is expanding its production capabilities in organic feed with the acquisition of a new feed company and production facilities.
In recent months, several companies have been highlighting efforts to reduce the carbon footprint generated by their feed production, while others have talked about ways to reduce the methane produced by cows.
ForFarmers says it has acquired the compound feed activities of Maatman, a Dutch company primarily active in the poultry sector but also in the ruminant sector in the Netherlands and Germany.
Big data from the feed mill’s perspective was the focus of a presentation at a Porphyrio seminar at VIV Europe 2018 last week.
ForFarmers says it has moved to shore up its position in the Belgian market by acquiring Voeders Algoet for around €14 million or seven times the Belgian feed company’s EBITDA.
The EU vote on copper levels in piglet feed is a “workable compromise”, says a Dutch feed industry swine feed expert.
ForFarmers is just beginning to test what it says is an environmentally beneficial, alternative way of unloading compound feed - electric and emission-free discharging of the feedstuffs.
Leon Marchal, former innovation and nutrition head at Dutch feed manufacturer, ForFarmers, has joined DuPont.
A hike in sales of compound feed and specialties saw a jump in FY 2017 gross profit at ForFarmers.
ForFarmers has acquired a 60% stake in Polish poultry feed company, Tasomix.