The ship will strengthen capacity, flexibility and delivery reliability in feed distribution along the Norwegian coast.
Over the next decade, AgDevCo Ventures is expected to reach more than 128,000 smallholder farmers and help create approximately 2,900 full-time jobs.
Meru Central Dairy’s investment in Maziwa Millers forms part of a wider push to increase value addition within the dairy chain rather than relying solely on the sale of raw milk.
The integration is expected to be completed by early 2027.
The acquisition became effective on 31 July 2026 and builds on a long-standing partnership between the two companies.
Under the strategy, soybean production is targeted to increase from about 25,000 tonnes to 300,000 tonnes by 2036.
Feed mill to produce 422,000 tonnes annually.
The Saumon du Médoc facility
The acquisition builds on Boehringer Ingelheim’s broader investment in therapeutic vaccines.
Novonesis has not disclosed an expected closing date.