Aqua Bio based in Turnhout, Belgium, agreed to invest an undisclosed sum in the stricken company more than two months after it was forced into bankruptcy.
“I found an investor; he signed all the agreements on Wednesday,” VitaFish Managing Director Joost de Smedt told IntraFish.
The details of the deal have not yet been disclosed, but the original investment target to avoid liquidation set by VitaFish was €5 million ($7.5 million).
Aqua Bio was established in 1990 as a feed producer and part of the Joosen-Luyckx Group, and since diversified to farm sturgeon for its own range of sturgeon and caviar products under the Royal Belgium brand.
It
