Morocco's OCP Group acquires 75% stake in GlobalFeed

OCP Group, the world leader in phosphate-based plant and animal nutrition solutions, and Fertinagro Biotech S.L, a major Spanish fertilizer producer, are pleased to announce that OCP Group has acquired an additional 25% of the capital of GlobalFeed S.L, bringing OCP Group’s total stake to 75%.

This acquisition follows OCP Group’s acquisition of 50% of the capital of GlobalFeed S.L. in May 2023.

GlobalFeed S.L. is a Spanish company offering a wide range of products dedicated to animal nutrition, including phosphate-based and high value-added animal feed.

«This additional acquisition represents a strong enabler in the execution of our Group’s growth strategy in the animal nutrition market. It reflects our commitment to expanding our capabilities, enhancing innovation, and driving sustainability across our portfolio. Together with our long-standing partner Fertinagro, the Group will continue to develop high-quality, customized, and sustainable solutions to enhance the value we deliver to our customers globally», said Abdelati Tantaoui, Chief Business Officer for Animal Nutrition at OCP Group.

«This breakthrough in our agreement represents a significant step in strengthening our relationship with the OCP Group and reinforces our shared vision of innovation and development in the phosphate sector. Our alliance and ongoing collaboration continue to be key pillars of our growth, allowing us to move forward with sustainable, highvalue solutions for a constantly evolving market», said Javier Martin, Strategic Business Development Director of Fertinagro Group.

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Fibre2Fashion News Desk (HU)