Global investment firm Permira and Grobest have announced that a new joint venture company backed by Permira funds will acquire 50% of the shares of Grobest, and will become the sole corporate shareholder of Grobest after closing. The investment in Grobest is the result of Permira’s continued thematic focus on the food value chain and specifically on aquaculture. “We are very pleased to partner with the pioneering team at Grobest, a real R&D leader in advanced aquatic functional feed and health products in Asia, and work closely with them to unlock the company’s full potential on the global journey ahead."
Nutriad has announced the appointment of Mr. Goud Dhanunjaya as Regional Sales Manager Aquaculture for the Indian sub-continent (ISC). The move is part of the continuous strategic expansion of Nutriad into the rapidly developing aquaculture market, aiming to have experienced local staff in key markets.
The acquisition represents De Heus’ entry in the Indonesian animal feed market.
BASF has released Natuphos® E, a new generation phytase which helps aquaculture animals, pigs, and poultry better utilize phosphorous and other key nutrients. BASF will be launching the product in Vietnam, and BIOMIN Vietnam will be responsible for the distribution in the country.