Bluestar Adisseo Company (“Adisseo”) announces that it has completed the acquisition of FRAmelco Group, a Dutch feed additive company (meaning FRAnklin Group BV and its wholly owned subsidiaries – hereafter “FRAmelco”). This transaction contributes to Adisseo’s strategy to become one of the worldwide leaders of specialty additives in animal nutrition.

"We are pleased to have completed the FRAmelco Group acquisition and we warmly welcome FRAmelco talents in the Adisseo team. This complementary combination supports our strategy for accelerating growth of our Specialty products business.

Together, we will set up an efficient organization which will reinforce Adisseo’s position in the promising Health by Nutrition market segment” said Adisseo CEO Jean-Marc Dublanc. “Combining our talent and technology will enable Adisseo to continue to push the boundaries of innovation. Our teams will offer value adding and innovative solutions to livestock and aqua customers” added François Pellet, Adisseo Executive Director Specialty Products. FRAmelco CEO Lars Snijders stated: “Our customers, suppliers, distribution partners and employees across the world have welcomed with enthusiasm the announcement of the acquisition of FRAmelco by Adisseo.

Now that we have confirmed the completion of the transaction, Adisseo and FRAmelco teams will jointly work with full energy and passion on synergies implementation.” FRAmelco Group, a family owned multinational group headquartered in The Netherlands, operates 3 plants located in The Netherlands, Spain and Thailand. The business generates gross sales close to €30 million per year. Most of FRAmelco sales are made of Glycerides (short and medium chain fatty acids) to enhance animal resilience and improve animal performance and Lysolecithins to increase feed digestibility.