Sale of EWOS to Cargill is tes­ta­ment to ‘bright fu­ture’

Fish Farmer - - World News -

THE CEO of EWOS said the re­cent de­ci­sion of US grain trader Cargill to buy the feed firm was tes­ta­ment to our em­ploy­ees hard work, to the unique RFD and pro­duc­tion ca­pa­bil­i­ties of the com­pany and to the bright fu­ture of the salmon and a ua­cul­ture in­dus­tries .

Ei­nar tathne, an­nounc­ing sec­ond quar­ter re­sults last month, said te also ha e high ex­pec­ta­tions from our cur­rent in est­ment pro­gramme.

Kur new ca­pac­ity is now in place in siet­nam, our fac­tory in Canada is un­der mod­erni­sa­tion and our in­dus­try lead­ing Fish Health Cen­tre in Chile is un­der con­struc­tion and will be fin­ished in Y1 2016.

‘With our new part­ners at Cargill, we in­tend to con­tinue our ded­i­ca­tion to ser ing cus­tomers, in es­t­ing in R and de elop­ing our peo­ple.

Cargill, the world s largest grain trader, agreed to pay 1.35 bil­lion eu­ros ( 1.5 bil­lion) for the Eor­we­gian salmon-feed sup­plier last month.

dhe pur­chase from pri ate e uity firms Al­tor Eq­uity Part­ners AB and Bain Cap­i­tal Part­ners C is ex­pected to close by the end of the year, the com­pa­nies said.

Cargill CEO David Mac en­nan said dhe pur­chase of Bergen based EWOS is a strate­gic in est­ment in our long-term growth and ev­i­dence of our com­mit­ment to the grow­ing aqua­cul­ture in­dus­try.

dhe com­pany said it will ac­quire seven feed fac­to­ries in Eor­way, Chile, Canada, Scot­land and siet­nam as part of the deal. t al­ready has a ua­cul­ture as­sets in Mexico, China and the h.S.

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