Olam International Limited and InVivo Animal Nutrition & Health signed an agreement to jointly develop expertise in animal feed in Nigeria.
Global agri-business Olam International Limited and leading French feedstock company InVivo Animal Nutrition & Health announced they had signed a consulting agreement to jointly develop expertise in animal feed in Nigeria. The two-year consulting services partnership agreement signed last month will involve technical assistance and sharing of expertise to jointly develop solutions and products in the animal feed space. The knowledge transfer between the two companies will help develop solutions, formulate animal feed, characterize raw materials and implement R&D trials and protocols to enter the animal feed industry in Nigeria.
Olam’s Global Head of Grains, K C Suresh, said: “This partnership follows our announcement in November to enter the animal feed and related businesses in Nigeria. This knowledge-transfer agreement will accelerate our penetration into this space, allowing Olam and InVivo NSA to rapidly scale up commercial activities. In doing so, we look forward to improving productivity and returns for the local fish and poultry producers, which supports Nigeria’s economy.”