News 321 views last update:6 Aug 2012

Nutreco buys Japanese fish feed facilities

Nutreco Holding NV said it has acquired the fish feed production facilities of Marine Net Co, the company that already produced the majority of the fish feed for Nutreco's subsidiary Skretting Japan.

Nutreco Holding bought the Japanese fish feed facilities for €15 million. After the acquisition, Skretting Japan will have annual sales of €45 million.

This acqusition will strengthen the position of Skretting in Japan, according to Nutreco. The Japanese market is one of the biggest in the world, producing around 600,000 tonnes of fish feed per year.

Related news stories:
Skretting reaches 1 million tonnes of fish feed  
Nutreco aims for doubling profit by 2010  
Nutreco aims for more acqusitions 

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