Investment firm will acquire 50 percent of company’s shares
November 15, 2018
Global investment firm Permira and Ye Cherng Industrial Products Co. Ltd. (Grobest), one of the largest independent and most advanced producers of aquatic feed in Asia, announced that a company backed by the Permira funds, will acquire 50 percent of the shares of Grobest, through a new joint venture company that will become the sole corporate shareholder of Grobest after closing.
Belgium headquartered Nutriad, specialty feed additives producer for shrimp and fish participated in the International AquaExpo 2018 in Guyaquil (Ecuador) organized by the National Chamber of Aquaculture (CNA).
BioMar Group has increased its shrimp research capabilities with the opening of its Aquaculture Technology Centre in Ecuador. The ATC is a state-of-the-art trial facility dedicated to the full lifecycle of shrimp, with the most advanced technology for shrimp research in Ecuador.
Acquisition helps Neovia strengthen presence in Ecuador
September 27, 2018
Neovia has acquired Ecuadorian Balnova, a food manufacturer for the shrimp market. With this acquisition, Neovia consolidates its strong international expertise in aquaculture and its location in the fourth-largest shrimp-producing market in the world. Last year, Neovia bought Epicore, the American manufacturer of larval feed and probiotics, which also has a large branch in Ecuador.
Multinational feed additives producer Nutriad, pioneer in species specific additive solutions in aquaculture, once more sponsored The Roundtable Aquaculture Series (TARS) which was held in August in Chiang Mai, Thailand.