In a move aimed at expanding its global footprint within shrimp feed, Danish group, BioMar, has acquired majority ownership of the Viet-Uc feed business.
French animal health and nutrition group, Neovia, has acquired Epicore, a North American company specialized in the manufacture of larval feed and probiotics for the global aquaculture market, targeting shrimp in particular.
The French group said it is in the process of acquiring a new factory located in the Binh Dinh province in central Vietnam, and has also greenlighted several other investment projects in that South East Asian country.
Pilmico International, a wholly owned subsidiary of Philippine based Aboitiz Equity Ventures, Inc. (AEV) has acquired a 70% stake in Vietnam’s Eurofeed.
As animal production consolidates in Vietnam, several areas of opportunity including feed production, sustainability efforts and dairy generation are created, says regional expert.
De Heus, in its strategy to be a leading player in the Vietnamese feed sector, continues to enhance its production capacity in that Asian country, it has just opened its seventh feed plant in the Mekong Delta.
InVivo NSA has ambitions to accelerate the development of its premix and feed business in the lucrative Asian market, through intensified export activity from its Vietnam base, a push on laboratory analysis services and acquisition.
Cargill is still weighing up the attractiveness of the Vietnamese dairy industry, but is optimistic about the feed consumption potential of the poultry, shrimp and swine sectors in a country that is seeing continual GDP growth.
Thai food major Charoen Pokphand Foods will continue to view Vietnam as one of its biggest investment destinations, and this year the company plans to focus on growing its food processing business in the country.