The business mainly produces milk powders for third parties and had net sales of approximately ?30 million in 2003.
It will be sold to Alsi Beheer, a Dutch company that specializes in the import and export of milk powders through its subsidiary Frésena-Salland.
The sale is in line with Numico's new strategy to fully focus on baby food and clinical nutrition. The firm recently announced the acquisition of Finland-based Valio's baby food business for €57 million in cash.