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AUSTRALIA - Yumbah to produce own feed

Yumbah Aquaculture has become the only Australian abalone farm to produce and control the supply of its own feed after it bought South Australian based feed manufacturer, EP Aquafeeds. Yumbah Aquaculture has taken a controlling 75 per cent interest in the EP Aquafeeds business with the remaining 25 per cent share of the company remaining with current co-owner Thomas Coote. Under the terms of the acquisition the business will become Yumbah Aquafeeds.

March 2, 2017

Yumbah Aquaculture has become the only Australian abalone farm to produce and control the supply of its own feed after it bought South Australian based feed manufacturer, EP Aquafeeds. 

Yumbah Aquaculture has taken a controlling 75 per cent interest in the EP Aquafeeds business with the remaining 25 per cent share of the company remaining with current co-owner Thomas Coote.

Under the terms of the acquisition the business will become Yumbah Aquafeeds.

Yumbah Aquafeeds will continue to employ five people full time at Lonsdale, in Adelaide’s south, but as Yumbah invests for growth, it expects to create more operational diversity and more jobs.

Source: Port Lincoln Times // Original Article

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