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$1.1B Feed Additive Company on Selling Block

Austria’s Erber Group includes Biomin and Romer Labs

A view of cattle feed

Dutch company DSM is among the final candidates to buy animal feed additives maker Erber Group, sources close to the matter told Reuters on Wednesday.

One source said the specialty chemicals maker had entered exclusive talks on the deal, which has an estimated value of around $1.14 billion.

Focusing on natural feed additives, feed and food analysis and plant protection, Austria’s Erber is active in 140 countries and generated a turnover of around 330 million euros in 2018.

Companies within the Erber Group include Biomin, Romer Labs, Sanphar and EFB.

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