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December 13, 2015

 

United Kingdom/The Netherlands

Benchmark Holdings Purchases INVE Aquaculture

 

Benchmark Holdings (animal health, sustainability science, technical publishing and animal breeding/genetics, head-quartered in the United Kingdom) has purchased INVE Aquaculture for $342 million.

 

INVE Aquaculture supplies feeds and probiotics to shrimp farms and hatcheries worldwide.  It is larger than Benchmark, so the acquisition constitutes a reverse takeover and is subject to shareholder approval.  In 2014, INVE generated $89 million in revenues with earnings of $25.4 million.  The deal will be completed on December 30, 2015.

 

Information: Malcolm Pye, Chief Executive, Benchmark Holdings, Benchmark House, 8 Smithy Wood Drive, Sheffield S35 1QN, United Kingdom (44-0-1142-409-939, email info@benchmarkplc.com, webpage http://www.benchmarkplc.com).

 

Information: INVE Aquaculture Holding,nv, Regus Claudius Prinsenhof, Verlengde Poolseweg 16 4818 CL Breda, The Netherlands (phone 32-0-52-40-95-95, fax 32-0-52-40-82, webpage  http://www.inveaquaculture.com).

 

Source: The Telegraph.  Benchmark Hooks Fish Nutrition Firm in £225m Deal.  Lauren Davidson.  December 13, 2015.

 

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