Nutreco increases stake in India-based Eruvaka to 93.7%
Photo: Stockfile/FIS
(NETHERLANDS, 8/8/2022)
Nutreco, has announced it will increase its stake in Eruvaka to 93.7%, from 25.45% in 2018. The acquisition of a controlling majority stake will enable Nutreco’s aquaculture business line Skretting to deliver in-house on-farm software and smart equipment to shrimp farmers around the world to increase their productivity and reduce the risk for their operations. Nutreco’s plan is to gain full ownership of Eruvaka in the course of 2023.
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