Golden Springs Group announced Friday it entered into a sale and purchase agreement to sell 75 percent of Gold Coin Management Holdings to Pilmico International, a subsidiary of Aboitiz Equity Ventures (AEV), at an implied enterprise valuation $550 million (€472.2 million).
This would put the value of the deal at $412.5 million (€353.7 million).*
Gold Coin is one of the largest animal nutrition platforms in Asia Pacific, offering livestock feed, aqua feed. It is also involved in shrimp breeding and the tilapia business with a minority stake in Regal Springs.
