BioMar Acquires Outstanding Shares in Ecuador, Maintaining Strategic Partnership
BioMar announced today its purchase of the remaining 30% stake in BioMar Ecuador and its expansion of 2026 production capacity from 300,000 tonnes to 410,000 tonnes.
Following a successful partnership that quadrupled the company's feed volumes from 2019 to 2024, BioMar and the Lanec family have agreed to transfer full ownership of the company to BioMar.
“It has been an incredible journey together with Lanec,” said Carlos Diaz, CEO, BioMar Group. “We were new to the Ecuadorian world of shrimp when entering the joint venture, and Lanec has...
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