Evialis enters the Russian market

Evialis Group's international strategy

This acquisition is in line with the Group’s strategy to expand internationally and sits beside other recently announced projects in Romania and China.  Based in Moscow and benefiting from a manufacturing plant situated 300 km South-West of Russia’s capital, this entity has a turnover across the country of just over €5.5 M, placing it within the major national performers in its industry. Its premix et minerals are retailed to industrial feed producers, home mixers and independent wholesalers.

Breaking into the Russian market was a major priority in view of the very large increase in animal production, which itself is actively encouraged by the current government.

The dynamism of the market

The quality of ROSSOVIT’s management, its commercial coverage and its solid reputation, coupled with what EVIALIS can bring in terms of scientific, technical and technological know-how, should allow the Group to capitalize on this dynamic market. Moreover, this operation provides EVIALIS with a smart position from which to observe the compound feed market.

On the financial side, this acquisition will be consolidated in EVIALIS group accounts from 1 January 2007, and is expected to make a positive contribution from this first year.