Investments Funding & M&A

For Diasham, the acquisition marks a transition aimed at scaling its legacy beyond its traditional markets. 

The transaction is widely regarded as the biggest salmon farming deal since SalMar’s acquisition of fellow Norwegian producer NTS.

This allocation represents a reduction of around US$3.6 million compared to 2025, when PIISAH received US$26 million in funding.

The investment will go towards strengthening genetics, enhancing feed and fodder production, expanding cold-chain infrastructure, and supporting farmer organisations.

The new facility will manufacture 48,000 tonnes of animal feed and 15,000 tonnes of aquatic feed annually.

The project forms part of Project Willow, the Scottish government’s initiative to transform Grangemouth into a hub for green technologies.

Meanwhile, KALRO also announced plans to construct a Sh200 million (approximately US$1.3 million) research centre in Nyeri County.

Its new feed mill is expected to become operational by the second half of 2026, followed by the flour mill in the second half of 2027.

The first plants are scheduled for commissioning in the first quarter of 2027, followed by a second phase that will add two more feed mills.