Continentale Nutrition and Villeneuve Petfood to merge

Jul 13, 2012

Boulogne-sur-Mer (France) pet food producer Continentale Nutrition has confirmed that investment funds AgroInvest and Idia Invest will invest Euro19 million ($23.9 million) to acquire a joint stake in the company.

Villeneuve Petfood will also merge with Continentale Nutrition. Continentale Nutrition also confirmed that regional public property company Communauté d'Agglomération du Boulonnais will buy its logistics platform for Euro10 million ($12.6 million). The merger of Continentale Nutrition and Villeneuve Petfood will create a leader in the French pet food market with 922 employees.

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