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October 11, 2013

Thailand

Cargill Buys Feed Mill

 

Cargill’s animal nutrition business has announced that it is expanding its investment in the shrimp feed industry by purchasing Siamakme Aquatic Feeds, Co., Ltd., a shrimp feed manufacturer located in Petchaburi, Thailand.

 

The facility, built in 2001 and expanded in 2008, has a shrimp feed production capacity of 60,000 metric tons a year.  Siamakme produces feeds for white shrimp (Penaeus vannamei), giant tiger shrimp (P. monodon) and freshwater prawns (Macrobrachium rosenbergii).

 

The acquisition adds to Cargill’s existing shrimp feed production capabilities in Mexico, Nicaragua, Honduras, Guatemala, Peru, Venezuela, India, Malaysia and Vietnam.  With this investment, the company will continue to leverage its global research and development capabilities, which includes 15 R&D facilities around the world where researchers develop new and improved feed technologies.

 

Source: AQUA Culture AsiaPacific (Editor/Publisher, Zuridah Merican, email zuridah@aquaasiapac.com).  Acquisition of Shrimp Feed Company in Thailand.  Volume 9, Number 5, Page 49, September/October 2013.

 

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