# Exclusive negotiations under way with Ajinomoto to acquire Europe's largest site

> METEX has entered exclusive negotiations to acquire Ajinomoto Animal Nutrition Europe, the largest European producer of fermentation-based amino acids for animal nutrition, based in Amiens, France. AANE's projected turnover for fiscal 2020/2021 is above €200m. The deal is subject to employee consultation and is expected to close in the coming weeks.

- Date: 2021-02-26 · published 2021-02-26T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/48989-exclusive-negotiations-under-way-with-ajinomoto-to-acquire-europe-s-largest-site
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

A change of ownership of a major European amino acid producer may alter European lysine and fermentation supply, but no immediate price effect is expected.

## Sources

- abcbourse.com: https://www.abcbourse.com/marches/exclusive-negotiations-under-way-with-ajinomoto-to-acquire-europe-s-largest-site_527084

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.