BioMar Buys Stake of JV Partner AquaChile in APSA Factory
BioMar Group has announced that it will be acquiring the outstanding 50% stake in the Chilean factory APSA, a joint venture with AquaChile, for USD 17 million. It is understood that plans are in the works to expand the site.
“With this transaction, BioMar Chile will achieve a better possibility to serve the broader customer base and plan for future upgrades and expansions of the facility,” says CEO Carlos Diaz. “We experience an increasing demand for our high-end products and we need to take the next steps...
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BioMar Buys Stake of JV Partner AquaChile in APSA Factory
BioMar Group has announced that it will be acquiring the outstanding 50% stake in the Chilean factory APSA, a joint venture with AquaChile, for USD 17 million. It is understood that plans are in the works to expand the site.
“With this transaction, BioMar Chile will achieve a better possibility to serve the broader customer base and plan for future upgrades and expansions of the facility,” says CEO Carlos Diaz. “We experience an increasing demand for our high-end products and we need to take the next steps...
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