Private equity fund acquires US shrimp breeding company

Primo Broodstock focuses on the development of specific pathogen free (SPF) and disease tolerant genetic shrimp lines.

The initial growth target following the deal is is to establish a greater presence in northern China, and other growth targets include boosting its existing market shares in India and Indonesia, private equity firm Ocean 14 Capital Principal Piers Larkin said.
The initial growth target following the deal is is to establish a greater presence in northern China, and other growth targets include boosting its existing market shares in India and Indonesia, private equity firm Ocean 14 Capital Principal Piers Larkin said.Photo: Ocean 14 Capital
Published 10 July 2024, 14:37Updated 11 July 2024, 15:26