BioMar and ACI to establish feed factory in Costa Rica
The BioMar Group and one of the world leaders in tilapia production, Aquacorporacion Internacional SA (ACI), announced the establishment of a new joint venture factory for the production of tilapia feed in Costa Rica.
The new factory is expected to start production within the next year and will deliver premium quality fish feed to the growing production of tilapia in Central and South America.
The Joint Venture is also later going to be central in BioMar
efforts to develop new concepts and diets for marine species supporting the aquaculture development in Central America.
ACI is the second largest individual producer of fresh tilapia fillets in the Americas and a major exporter of fresh premium tilapia to the US with an estimated market share of 25%.
ACI’s Rain Forest brand is one of the most recognized brands in the industry.
The BioMar Group holds a well established position as one of the leading suppliers of high quality feed for primarily salmon, trout, bass and bream, and since 2006 BioMar has also been developing starter feeds for tilapia farming.
Foothold in grower feeds
With the new Joint Venture BioMar will gain a solid foothold within grower feeds for tilapia, where its know how in feed development and recipe optimization can be used to increase efficiency and performance compared to standard tilapia diets.
Carlos Enrique González chairman of the board of ACI: “One of the main benefits of this deal is that we will have access to the latest knowledge in nutrition and feed development.
“We will be working with the leading company in starter feeds and with the Joint Venture factory we can also have the most cost efficient grower diets. On top of this, the Joint Venture will ensure us complete traceability all through the value chain. This will guaranty the highest possible value of the end product.”
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