Trendlines signs MOU with Nutreco’s NuFrontiers
Trendlines and Nutreco NuFrontiers will collaborate on technology development and investment opportunities.
NuFrontiers is the strategic innovation and investment division of Nutreco. Trendlines broadens its collaboration network with multinational companies.
Trendlines and Nutreco NuFrontiers will explore ways to collaborate in developing new technologies, solutions, and products; pursuing mutual deal flow; and identifying potential new investments and co-investments in identified opportunities, among other business opportunities. Nutreco may identify significant unmet market needs and turn to Trendlines to develop technological solutions that address those needs. And, on occasion, Trendlines may present co-investment opportunities in select portfolio companies or relevant new opportunities of interest to Nutreco NuFrontiers.
Commenting on the MOU, Trendlines Chairman and CEO Steve Rhodes said, “Following previous partnerships with B. Braun Melsungen, Bayer Crop Science , and Haier, Trendlines continues to build its network of collaboration with renowned, multinational companies. It’s encouraging that these global companies, with insightful understanding of their respective industries, recognize the benefit and value in partnering with Trendlines and its portfolio companies. Nutreco’s resources and deep knowledge of the animal nutrition industry will provide an opportunity to learn about and develop technologies with the correct fit for the market. We look forward to working together, investigating concepts, and contributing our knowledge and expertise, to the mutual benefit of Nutreco and Trendlines”
“Israel is uniquely positioned as a source of agtech innovation,” said Viggo Halseth, Chief Innovation Officer of Nutreco. “Trendlines offers the right combination of regional know-how, technical experience, and outstanding track record in supporting new technologies from concept to market stage. We see great potential in this collaboration with Trendlines. Together we will explore, find, and develop next-generation innovations throughout the feed and food protein value chain, faster and more sustainably.”