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 Communaut�� d'Agglom��ration 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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