Private equity group Permira will acquire 50 percent of Asia's aqua-feed giant Grobest Group, the company announced.
Permira, who owned Pharmaq between 2013 and 2015 is now purchasing one of Asia's leading aquatic feed producer; it is the third move the group makes into the aquaculture industry.
“We are delighted to partner with Permira as we pursue our plans for further growth in the region and expansion into new markets,” said Grobest CEO Ko Chi-kang.
