Holland's Agrifirm takes over 35 percent of Sto Posto

Source: eKapija Sunday, 01.09.2013. 13:53
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The Agrifirm Group from the Netherlands, the second largest fodder manufacturer in Europe, has acquired a 35-percent stake in the local company Sto Posto.

At the same time, Holland's Nuscience has become a majority owner of the local manufacturer of vitamin mixtures for animal feeding - Novi Mix, with its stake amounting to 51 percent.

- The aim of these acquisitions in the Serbian market is to increase the number of heads of cattle on arable land in the country, which is currently 11 times smaller than in the Netherlands - Sto Posto said in a release.

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