InVivo and ADM in exclusive negotiations on the planned sale of Neovia

With this sale, InVivo is entering a new stage of its strategic plan, focusing its activities on the key drivers of its growth: agriculture, wine and retail.

Neovia is an InVivo group subsidiary, which 80% of its business is international. Its sale will enable the acceleration of the 2025 by InVivo strategic plan while contributing to the creation of a world leader in animal nutrition.
InVivo has signed an exclusive negotiation agreement with Archer Daniels Midland Company (NYSE: ADM), for the sale of its 67.5 % shareholding in Neovia.

ADM has made a firm offer to acquire 100 % of Neovia shares, valuing the company at €1.535 billion. The transaction, which is expected to complete by the end of this year, also covers minority shareholdings held by Eurazeo, Unigrains, Future French Champions and IDIA Capital Investissement. It is subject to the fulfilment of conditions precedent and to the necessary regulatory approvals.

“This operation will allow us to pivot towards our core businesses and accelerate our digital transformation, particularly in our international trading activity and our role as an agricultural supplies purchasing centre, to benefit our member cooperatives. At the same time, we will increase investment in our subsidiaries, Bioline by InVivo, InVivo Retail, InVivo Wine and InVivo Food&Tech, making it possible for new French champions to emerge, both at national and international level.” Thierry Blandinières, InVivo CEO.