Management of execution of strategy in emerging markets

It is Nutreco’s strategy to realise growth through acquisitions in the main growth markets in Latin America, Eastern Europe and Asia. The selection of an acquisition target from these areas has to be more stringent, also because of business culture differences. Business partners can for instance not always meet Nutreco’s demands with regard to quality, feed safety and corporate social responsibility. Nutreco carries out a thorough M&A process during which various departments, including Health, Safety, Environment and Quality, are involved in an advisory capacity.

This could result in a longer time frame to acquire the target companies than was foreseen and planned. Nutreco tries to avoid this by building a pipeline of targets of companies that are at or close to the Company’s requirements.Management of execution of strategy in emerging markets