Permira funds, a global investment firm and Grobest (Ye Cherng Industrial Products Co., Ltd), one of the largest independent and most advanced producers of aquatic feed in Asia, have announced that a company backed by the Permira funds, will acquire 50 percent of the shares of Grobest. This will occur through a new joint venture company that will become the sole corporate shareholder of Grobest after closing.
A shareholder group led by Grobest CEO Ko Chi-kang and Chairman Chen Chun-ping, will also retain a 50 percent stake in Grobest. Founded in 1974 and headquartered in Taiwan, Grobest has operations in Taiwan, Vietnam, Thailand, China, India, Indonesia, Philippines, and Malaysia.
In addition to this broad presence across Asia, the world's largest aquaculture market, Grobest is also a pioneer and technological leader in an array of innovative and differentiated functional feed products, focused on preventing and combating diseases as well as increasing yields. Furthermore, the company provides a full range of services and technical assistance to farmers throughout Asia, including pond maintenance, water treatment, and soil and disease testing.
Read the full article on the International Aquafeed website, HERE.
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| Image credit: Foodista on Flickr (CC BY 2.0) |
A shareholder group led by Grobest CEO Ko Chi-kang and Chairman Chen Chun-ping, will also retain a 50 percent stake in Grobest. Founded in 1974 and headquartered in Taiwan, Grobest has operations in Taiwan, Vietnam, Thailand, China, India, Indonesia, Philippines, and Malaysia.
In addition to this broad presence across Asia, the world's largest aquaculture market, Grobest is also a pioneer and technological leader in an array of innovative and differentiated functional feed products, focused on preventing and combating diseases as well as increasing yields. Furthermore, the company provides a full range of services and technical assistance to farmers throughout Asia, including pond maintenance, water treatment, and soil and disease testing.
Read the full article on the International Aquafeed website, HERE.
The Aquaculturists
This blog is maintained by The Aquaculturists staff and is supported by the
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