INVESTMENTS, FUNDING & M&A

Kormotech’s is seeking to deepen its reach in the MEA region, where pet ownership is rising and consumers are becoming increasingly health-conscious about their pets.

The app is designed to equip tilapia farmers with practical tools to improve fish care and overall farm performance.

The initiative spans North America, South America, Europe, Africa, and Oceania, bringing together scientists and breeders to harness naturally occurring differences in how animals digest food.

The facility is equipped with two corn silos holding a combined 12,000 metric tons of corn and space for 480,000 sacks of feed.

Ceva’s management team has increased its shareholding and retained the majority of voting rights, ensuring the company remains independent.

This acquisition complements EW Nutritions existing gut health portfolio, which includes products such as Ventar D, Pretect D, Activo, and Activo Liquid.

Protix’s proposed facility in South Korea would be twice the size of its current site in the Netherlands, upcycling up to 130,000 tons of food waste annually.

Current production figures show annual outputs of 12,800 tons of red meat.

The financing agreement will enable the facility to reach an annual production capacity of one million head of livestock.

The upgrade is set to begin in May 2025 and will likely be completed by April 2027.