Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Brazilian aquaculture feed boasts a relevant annual expansion. (Photo: Nutreco Fri-Ribe/FIS)

Nutreco boosts shareholding in Brazilian venture

Click on the flag for more information about Netherlands NETHERLANDS
Monday, March 12, 2012, 23:20 (GMT + 9)

Nutreco has inked a deal to increase its shareholding in its Brazilian joint venture Nutreco Fri-Ribe from 51 to 97 per cent.

The agreement provides Nutreco with a good basis for building a strong position in one of the key global agriculture and aquaculture growth markets: Brazil is the third-largest animal nutrition market, boasting an annual expansion of approximately 4-5 per cent.

“It makes Nutreco a more aggressive growth strategy to pursue,'' said SNS Securities, Reuters reports.

Nutreco Fri-Ribe, a joint venture formed in November 2009, supplies premix and feed products for poultry, aquaculture and other species. It is market leader in shrimp feed with a more than 20 per cent market share and the second leading supplier of tilapia with more than a 10 per cent market share.

In Brazil, Nutreco employs 470 workers and has revenues of EUR 84 million.

"After two years of strong development and cooperation with our partners, we are now ready for the next phase of growth activities in Brazil,” stated Jerry Vergeer, Nutreco's COO of Animal Nutrition. “Achieving 97 per cent of the shares creates the platform to make further steps that are in line with Nutreco's strategic ‘Ambition 2016.’"

Nutreco's 'Ambition 2016 - driving sustainable growth is a plan to develop and improve profitability by way of innovative and sustainable nutritional solutions for its customers. This will be executed by focusing on a higher margin portfolio of nutritional solutions such as premixes, feed specialties and fish feed and by branching out into Latin America, Russia, China and Southeast Asia, markets which are all expected to experience the largest increases in both production and consumption of animal protein food products.

Nutreco, a global leader in animal nutrition and fish feed, employs approximately 10,000 people in 30 countries and sells its products in 80. The company is listed on the NYSE Euronext stock exchange in Amsterdam and had annual revenues of EUR 4.7 billion in 2011.

By Natalia Real
[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Russian Federation
Oct 29, 08:00 (GMT + 9):
IN BRIEF - Crisis in the Pollock Catchers Association: Russian Fishery Company 'sailed to court'
European Union
Oct 29, 08:00 (GMT + 9):
The fisheries Brexit negotiation must exclude the privileges that the Common Fisheries Policy has granted to the UK since its inception
Mauritania
Oct 29, 05:00 (GMT + 9):
CEPESCA publishes the images of the rescue yesterday by the F/V 'Riodomar IV' of 215 immigrants
Maldives
Oct 29, 05:00 (GMT + 9):
Media Statement from Government of Maldives on the status of Indian Ocean yellowfin tuna stock (video)
European Union
Oct 29, 01:30 (GMT + 9):
Otros Medios | Industrias Pesqueras: La EUFA demanda que el acuerdo de ‘brexit’ acabe con los 'privilegios' de Reino Unido en la PPC
Russian Federation
Oct 29, 01:00 (GMT + 9):
Federal Agency for Fishery report on salmon season and roes
Spain
Oct 29, 00:50 (GMT + 9):
Other Media | Alimarket: Carrefour increases its sales by 7.5% from January to September
European Union
Oct 29, 00:00 (GMT + 9):
Other Media | La Voz de Galicia: Brussels proposes new cuts for hake, monkfish and Iberian rooster
Russian Federation
Oct 28, 20:00 (GMT + 9):
As of October 26, Russian fishermen have caught more than 4.2 million tonnes
Norway
Oct 28, 19:00 (GMT + 9):
Fish Pool Salmon Price Status Report for week 44
Solomon Islands
Oct 28, 17:00 (GMT + 9):
Operation Kurukuru air surveillance on Illegal, Unregulated and Unreported (IUU) fishing
Japan
Oct 28, 16:30 (GMT + 9):
Auction prices for common squid (surume ika, todarodes pacificus) frozen on board │ Ogi market (until oct-23)
United States
Oct 28, 09:00 (GMT + 9):
What threat do microplastics, a.k.a. ‘ocean hitchhikers’, pose to aquaculture?
United States
Oct 28, 07:00 (GMT + 9):
PRESS RELEASE - NWAA STATEMENT REGARDING PATAGONIA AND THE WILD FISH CONSERVANCY (video)
France
Oct 28, 05:50 (GMT + 9):
Mediterranean bluefin tuna fishery now MSC certified



Lenguaje
FEATURED EVENTS
  
TOP STORIES
The course of pelagic fishing week 43
Norway This autumn's best NVG herring week and less mackerel from the North Sea Mackerel: We received significantly smaller quantities of mackerel than in the previous three weeks. A total of 23,100 to...
Statistics │ Import by origin │Crab │ September 2020
South Korea Source: FIS.com | Click to enlarge it [email protected] www.fis.com...
Tuna exports to Italy soar in September
Viet Nam NDO/VNA – Vietnam’s tuna exports to Italy soared by 8,599% last month over the same period last year. This staggering increase transformed Italy into Vietnam's largest tuna market in the EU in ...
Coast Guard saves sinking fishing vessel near Icy Bay, Alaska
United States KODIAK, Alaska — The Coast Guard assisted a fishing vessel taking on water and disabled, six miles south of Icy Bay, Alaska, Wednesday. A Coast Guard Air Station Sitka MH-60 Jayhawk helicopte...
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2020 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER