June 12, 2021

lieverthuis

affection for others

ADM acquires animal feed premix company in Vietnam

In terms of the Vietnamese firm’s portfolio, a spokesperson told us: “Golden Farm produces a complete range of vitamins and minerals premixes for swine, poultry, ruminants, fish, shrimp, frog and pets. Formulations are standard or customized. There also is a comprehensive range of natural, nutritional solutions to improve animal performance. Combined with the offerings of ADM’s Wisium brand in Vietnam, producers will gain a complete offering of macro and micro premix, nutritional specialties, WEAN UP piglet feed, and science-backed services such as laboratory analysis.”

Through this deal, Wisium also obtains a facility in Long Khanh – Dong Nai; ADM said that the manufacturing plant, which opened in 2019, is quality controlled, the factory meets international standards. It gives the premix provider additional capabilities to improve its coverage in Vietnam.

“Following launch of Wisium’s line of products and services in Vietnam two years ago, this strategic step widens our range of value-added premix products and services across the country,”​ said François Fernandez, vice president, Wisium Premix and Services. “We’ve been expanding Wisium’s capabilities around the globe, and we’re excited to continue to invest across Southeast Asia.”

Vietnam has the fifth largest feed market in the region. It is also one of the world’s top pork consuming countries.

It was through the Neovia acquisition that ADM expanded its animal nutrition business in Vietnam. Looking at ADM’s manufacturing base in that country now, it counts five production sites: two in Binh Duong Province, one in Ha Nam Province, one in Dong Thap Province, and now one in Dong Nai among those assets. These factories are producing feed for livestock, poultry, pet and aqua. “We also have research and development centers for innovation in aqua and livestock feed, as well as a few warehouses throughout the country.”