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BioMar buys 70% of Ecuador shrimp feed firm for $120m

The acquisition sees BioMar, which is wholly owned by the Danish industrial conglomerate Schouw & Co, expand further in shrimp feed

By Undercurrent News | June 2, 2017 09:53 BST
Ecuador shrimp
Ecuador shrimp
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Danish company BioMar Group, the world’s third-largest manufacturer of feed for the fish farming industry, announced a deal for 70% of Ecuadorian shrimp feed manufacturer Alimentsa for about DKK 800 million ($121m) on Friday [...]

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