The planned cooperation between LDC and Sofiproteol
will be illustrated in Brittany through the sale of the poultry slaughter and processed products activities of Sofiproteol
's Animal Products Division to LDC, which means five production sites having a turnover of 310 million and employing nearly 1000 people.
Electrawinds holds a 20% stake in the new business, while Sofiproteol
's Diester Industrie controls the entity with a 60% interest.
BASF Nutrition Animale's shares would be consequently divided between Groupe Glon, Sofiproteol
and internal management.
4 February 2013 - French private equity firm Sofiproteol said it had acquired Belgian biodiesel firm Oleon Biodiesel NV, a 100%-owned unit of Diester Industrie International SAS (DII), its joint venture with US agribusiness and food group Bunge Ltd (NYSE:BG).
Through the deal, financial details of which were not revealed, Sofiproteol will be able to optimise the Belgian firm's operations, which are located on a site owned by the French firm.
BUYS DIIa[euro](tm)S OLEON BIODIESEL UNIT
Bunge Europe announced on December 5, together with its French partner Sofiproteol
, that their joint subsidiary Diester Industrie International (DII) has been officially incorporated and is to build an esterification plant in Mannheim, Germany, near Bunge's existing factory, to produce vegetable oil methyl esters for biofuels.
Through the deal, financial details of which were not revealed, Sofiproteol will be able to optimise the Belgian firma[euro](tm)s operations, which are located on a site owned by the French firm.
DII, which is 60% owned by Sofiproteol, with the remainder held by Bunge, will preserve ownership of Italya[euro](tm)s Novaol Srl as well as a 50% stake in German Natural Energy West GmbH (NEW).
- FRENCH SOFIPROTEOL
TAKES OVER ROMANIAN OILSEED PROCESSOR EXPUR
- FRANCE-BASED SOFIPROTEOL
IN EXCLUSIVE TALKS TO ACQUIRE EXPUR
French oilseeds holding company Sofiproteol
said Thursday it is negotiating to acquire Romanian edible oils producer SC Expur SA in a bid to access eastern Europe and the Black Sea regions.