adisseo, a global leader in nutritional solutions and additives for animal feed andone of the main subsidiaries of china national bluestar (group) co., ltd (bluestar), is nowquoted on the shanghai stock exchange. this follows the restructuring of the capitalof bluestar newchemicalmaterial co., ltd (bncm), a listed vehicle that isalso part of bluestar. thanks to a simultaneous asset exchange whereby adisseo replaces bncm’s existing assets, adisseo is currently listed as bncm with ticker symbol 600299. the legal entity will be called bluestar adisseo company. about 90% of the company is still owned by bluestar with the floating owned by minority shareholders.
“this unprecedented public listing in shanghai is the recognition of adisseo’sexcellent performance and a wonderful opportunity to achieve our long-termobjective of firmly establishing adisseo as a key player in the health & nutritionsegment” states jean-marc dublanc, gm of the newly listed company.
“we are proudof having such a financially-healthy, international company asadisseo in our portfolio and now listed on the shanghai stock exchange,” confirmsren jianxin, the chairman of chinanationalchemical corp, and the chairmanof bluestar. “adisseo has achieved profitable growth since we acquired thebusiness in 2006 to become the world’s top leading manufacturer ofnutritional solutions for animals present on 5 continents”.
adisseorelies onits 7 research centers and its production sites based in europe and china to design,produce and market nutritional solutions for sustainable animal feed. with 1,800employees, it serves more than 2,600 customers in over 100 different countriesthrough its global distribution network.