date:Dec 18, 2012
Cargills animal nutrition and premix business, Provimi, has announced an investment of around U.S. $20 million in South Africa. Cargill will, on completion of a deal signed on 30 November 2012, gain a majority shareholding and assume managerial control of NuTec Southern Africa, its existing joint venture with Astral Foods.
As part of this investment the company plans to build a new premix and base mix facility at NuTecs existing location in Pietermaritzburg to expand its animal nutrition capab