Bovaer manufacturer to sell animal nutrition and health division

A spokesperson said the move marked the 'final strategic step' in the company’s transition to a more focused consumer business spanning nutrition, health and beauty

Bovaer, the firm's methane-inhibiting ruminant feed additive, have been excluded from the deal and will remain within dsm-firmenich.

Bovaer manufacturer dsm-firmenich has announced plans to sell its Animal Nutrition and Health (ANH) business to private equity firm CVC in a €2.2bn deal.

The transaction includes a potential €500m earn-out, dependent on future performance, with dsm-firmenich retaining a 20% equity stake in the divested business.