Skretting acquires Nelson and Sons Inc.
Nutreco Holding N.V. announced that its subsidiary, Skretting, has acquired Nelson and Sons, Inc., the manufacturer of Silver Cup fish feed.
million.
Nelson and Sons is a family run company with 50 employees and an
annual turnover of EUR 17 million. It has two plants near Salt Lake City in
Utah.
In 1956 Nelson and Sons started producting fish feed and is now
famous for its Silver Cup aquafeed for fresh water aquaculture in the west
of the US and has a substantial market share in trout in Idaho. The company is
also activite in Canada and Mexico.
Annual production adds up to 30,000
tonnes and profitability is in line with the aquafeed business of Skretting.
Silver Cup serves different market niches than Skretting which means that Nutreco
is expanding its activities in new markets for fish feed.
Related
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Skretting
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Inc
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