Moroccan group to buy half of Spanish animal nutrition firm By Pramod Kumar September 27, 2022, 6:28 AM Unsplash.com GlobalFeed’s operations focus on animal nutrition solutions, manufacturing, and distribution of products. Morocco’s fertiliser producer OCP Group has signed an agreement to purchase a 50 percent stake in GlobalFeed SL from Spain’s Fertinagro Biotech, the company said in a statement. The acquisition is part of OCP’s global growth strategy in the animal nutrition market. GlobalFeed’s operations focus on animal nutrition solutions, manufacturing, and distribution of products such as phosphate-based commodities. It owns production units with a capacity of 200,000 tonnes of phosphate-based products and 30,000 tonnes of iron sulphate in Huelva, Spain. The transaction is subject to customary closing conditions, including regulatory approvals, the statement said.