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A Dutch international producer of animal nutrition, aquafeed and related feed solutions.

Last updated August 31, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

Nutreco is a Dutch animal-nutrition company whose business is organized around feed, nutritional products and technical support for livestock and aquaculture producers. The company was established in 1994 after a management buyout of the feed and nutrition division of BP, with backing from Cinven. It subsequently developed an international operating footprint through organic expansion, research activity and acquisitions. Nutreco serves two principal markets through its best-known businesses, Trouw Nutrition and Skretting. Trouw Nutrition focuses on animal nutrition, feed specialties, premixes, health-support products and knowledge services for livestock production. Skretting concentrates on aquafeed for farmed fish and other aquatic species. Together, these activities place Nutreco primarily in the business-to-business segment: its customers are feed manufacturers, farmers, aquaculture operators and other professional food-production enterprises rather than household consumers. The company has also been associated with processed meat activities, although animal nutrition and aquaculture feed are the central elements of its current brand profile. Its international structure has included production facilities and research centers across multiple countries. Reference material describes approximately 100 production facilities in more than 30 countries and eight research centers, illustrating the scale of its manufacturing and innovation network, though operating figures can change over time. Nutreco became publicly listed on Euronext Amsterdam in 1997. Its independent listed-company period ended in 2015, when SHV Holdings acquired the company and Nutreco was delisted. Under SHV ownership, Nutreco operates as a privately held member of a diversified family-owned business group. The company presents innovation, resource efficiency, animal health and sustainability as important themes in the development of feeds and nutritional solutions. Nutreco's strategic relevance comes from its position in the wider food-production chain. Feed quality and formulation affect animal growth, health, production efficiency, environmental impact and the reliability of meat, dairy, egg and seafood supply. The company therefore combines physical products with formulation expertise, laboratory research and advisory capabilities. Its activities span conventional feed ingredients and specialty nutrition, while its aquaculture business addresses the distinctive nutritional requirements of intensively farmed aquatic species. Publicly documented milestones include the company's formation in 1994, its Euronext Amsterdam listing in 1997, the acquisition of Brazilian animal-nutrition companies Fatec and BRNova in December 2014, and the completion of its transition to private ownership following the SHV acquisition and 2015 delisting. In 2025, Nutreco expressed interest in acquiring DSM-Firmenich's animal-nutrition division; the available reference material does not establish that a transaction was completed.

History

Nutreco was formed in 1994 through a management buyout of BP's feed and nutrition division. The transaction was backed by Cinven and created an independent company focused on animal nutrition and related food-production activities. From its early years, Nutreco developed as an international rather than solely domestic supplier, combining manufacturing, technical expertise and research in support of professional livestock and aquaculture customers. The company became a publicly traded business in 1997 when its shares were listed on Euronext Amsterdam. Its public-company phase provided a platform for international growth and portfolio development. Nutreco's activities came to include animal feed, fish feed and processed meat products, while the businesses later identified most closely with the group were Trouw Nutrition and Skretting. Trouw Nutrition represented livestock nutrition and feed-related expertise, whereas Skretting focused on aquaculture feed. International expansion included activity in Brazil. In December 2014, Nutreco acquired Fatec and BRNova, two Brazilian animal-nutrition companies. The reference material does not provide a purchase price, but the deal illustrates Nutreco's effort to strengthen its presence in an important agricultural and animal-production market. Nutreco's ownership structure changed decisively in 2015. SHV Holdings acquired the company, and Nutreco was subsequently delisted from Euronext Amsterdam. It therefore continued as a private company within SHV rather than as an independently listed corporation. Under this ownership model, Nutreco has continued to operate internationally through production sites, research centers and specialist brands. The company is described as having about 100 production facilities in more than 30 countries and eight research centers. These figures indicate a substantial global manufacturing and innovation network, although the precise footprint may vary by reporting period. Its business model combines formulated feeds and nutritional products with scientific research, formulation knowledge and technical services. The intended outcomes include improved animal performance, health, production efficiency and resource use. In 2025, Nutreco expressed interest in acquiring DSM-Firmenich's animal-nutrition division. The available material records an expression of interest but does not establish a completed transaction, final price or resulting change in ownership. Nutreco's documented history therefore remains centered on its formation from BP's feed business, international expansion, the Brazilian acquisitions, and its transition from a listed company to a privately owned subsidiary of SHV Holdings.

  • 2025

    Interest in DSM-Firmenich animal nutrition

    [1]

    Nutreco expressed interest in acquiring DSM-Firmenich's animal-nutrition division; completion of a transaction is not established in the available reference.

  • 2015

    Acquisition by SHV Holdings and delisting

    [1]

    SHV Holdings acquired Nutreco, ending its period as an independently listed company and leading to its delisting from Euronext Amsterdam.

  • 2014

    Brazilian nutrition acquisitions

    [1]

    In December, Nutreco acquired Brazilian animal-nutrition companies Fatec and BRNova. The reported purchase price was undisclosed.

  • 1997

    Euronext Amsterdam listing

    [1]

    Nutreco became a publicly listed company on Euronext Amsterdam.

  • 1994

    Nutreco is formed

    [1]

    Nutreco was established following a Cinven-backed management buyout of BP's feed and nutrition division.

Products and positioning

A global business-to-business provider of animal nutrition, aquafeed, feed specialties and research-led production solutions.

  • Livestock nutrition

    Trouw Nutrition

    Trouw Nutrition is Nutreco's livestock-nutrition business. It provides feed products, premixes, specialty nutrition, health-oriented solutions and technical knowledge for professional animal production. Its activities support producers and feed manufacturers across areas such as formulation, animal performance and production efficiency.

  • Aquafeed

    Skretting

    Skretting is Nutreco's aquaculture-focused business and supplies formulated feed for farmed fish and other aquatic species. Its offering is designed around the nutritional requirements of intensive aquaculture and is supported by research, formulation expertise and technical services for aquaculture producers.

  • Animal nutrition

    Nutreco animal-nutrition solutions

    Nutreco's broader portfolio includes animal feed, feed specialties, nutritional supplements and related services. These offerings are aimed at improving animal health, growth, production results and resource efficiency across livestock and aquaculture value chains.

Brand decisions

  • 2025

    Explore DSM-Firmenich animal-nutrition opportunityM&A

    Background

    DSM-Firmenich's animal-nutrition division became a potential strategic acquisition opportunity.

    Action taken

    Nutreco expressed interest in acquiring the division.

    Aftermath

    The available source does not confirm whether negotiations resulted in a signed or completed transaction.

  • 2015

    Accept acquisition by SHV HoldingsM&A

    Background

    Nutreco was operating as an Euronext Amsterdam-listed company before the ownership change.

    Action taken

    SHV Holdings acquired Nutreco, after which the company was delisted and became privately held within SHV.

    Aftermath

    Nutreco continued operating as an international animal-nutrition company under SHV ownership.

  • 2014

    Acquire Fatec and BRNovaM&A

    Background

    Nutreco sought to expand its animal-nutrition activities in Brazil.

    Action taken

    The company acquired Brazilian animal-nutrition companies Fatec and BRNova in December 2014.

    Aftermath

    The available reference confirms the acquisitions but does not provide financial terms or detailed operating results.

Recent events

  • Reported

    Stellapps raises $18 million in Series C funding[3]

    Dairy technology startup Stellapps raised $18 million in a Series C funding round led by Nutreco, with Qualcomm Ventures, Celesta Capital, and ABB Technology Ventures also participating.

  • Reported

    Nutreco completes acquisition of Bigsal[4]

    H.I.G. Capital announced that an affiliate completed the sale of Bigsal, an animal nutrition company in northern Brazil, to Trouw Nutrition, a Nutreco Group subsidiary.

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Sources4 sources

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