At a glance
- Phosphea acquires Elixir's feed phosphate activity in Serbia.
- The acquisition creates a strategic hub in Central & Eastern Europe.
- This move increases production capacity and workforce.
- Phosphea has been a key player in feed phosphates for over 40 years.
Acquisition Overview
Phosphea has acquired Elixir’s feed phosphate activity in Prahovo, Serbia. This acquisition marks a significant milestone in Phosphea's development strategy, establishing a new strategic hub in Central & Eastern Europe.
Strategic Benefits
The acquisition enhances Phosphea's customer proximity in its traditional European markets and beyond. It also increases the company's production capacity and workforce, reinforcing its position as a leading European feed phosphates producer.
Long-Term Strategy
This move supports Phosphea's long-term strategy and ambitions to remain a key player in the global feed phosphates market. The company has been a significant presence in the industry for over 40 years, known for its efficiency and growth.
