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Nutreco closes deal with Egyptian tilapia feed producer

25-06-2013 | |
Nutreco closes deal with Egyptian tilapia feed producer
Nutreco closes deal with Egyptian tilapia feed producer

Nutreco has successfully completed the acquisition of the remaining 67% share held by its partners in its Egyptian participation Hendrix Misr, giving Nutreco now full ownership.

This acquisition was announced on 26 April 2013. Nutreco entered the Egyptian market in 2001 by acquiring 33% of Hendrix Misr which has developed successfully since then.

Hendrix Misr is Egypt’s market leader in extruded fish feed (mainly tilapia) which is sold under the trade name Skretting, and a leading producer of poultry feed concentrates.

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