SUBSIDIARY NAME
Aquaculture Farm
COUNTRY
NIGERIA
SECTOR/ INDUSTRY
AGRICULTURE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
August 24, 2022
ACQUISITION VALUATION
130 MILLION (EURO)
TOTAL ASSET VALUATION
1.3 BILLION (Euro)
AGRICULTURE
Aquaculture Farm by Aqua Criadero, Ltd acquired on August 24, 2022 and the project will be a vertically integrated fish farm growing Tilapia. It will include feed production, hatchery, and nursery, fish growout, processing, branding, marketing and sales domestically and abroad. The farm will use innovative technology to hold and grow the fish, utilize hybrid fish bred to genetically be all male, and implement the latest bio security measures all to assure healthy fast growing fish.