CJ Feed & Care, sold to Royal De Heus

Published 2025년 10월 7일

Tridge summary

CJ CheilJedang has decided to sell its feed business subsidiary CJ Feed & Care to the Dutch company Royal De Heus. Royal De Heus announced that it has signed a share purchase agreement to acquire 100% of CJ Feed & Care's businesses in Vietnam, Indonesia, Korea, Cambodia, and the Philippines. The sale price is reported to be around 1.2 trillion won. With this acquisition, Royal De Heus will obtain 17 feed factories. Notably, since its entry into Vietnam in 2009, Royal De Heus has been building a solid presence across Asia and has been striving for market expansion, so this acquisition of CJ Feed & Care will enable it to further expand its presence in Vietnam, Indonesia,

Original content

CJ CheilJedang has decided to sell its feed business subsidiary, CJ Feed & Care, to the Dutch company Royal De Heus. Royal De Heus announced that it has signed a share purchase agreement to acquire 100% of CJ Feed & Care's businesses in Vietnam, Indonesia, Korea, Cambodia, and the Philippines. The sale price is reported to be around 1.2 trillion won. With this acquisition, Royal De Heus will obtain 17 feed factories. Since its entry into Vietnam in 2009, Royal De Heus has been building a solid presence across Asia and has been striving for market expansion. Therefore, this acquisition of CJ Feed & Care is expected to further strengthen its presence in Vietnam, Indonesia, and Cambodia. At the same time, it is seen as an opportunity to directly enter the strategic markets of Korea and the Philippines, which have high growth potential in the animal protein production sector. CJ Feed & Care, once a subsidiary of the Hyoza Group that generated annual operating profits of 150 billion ...

Source: Aflnews