Avanti Feeds Expands Indian Shrimp Feed, Processing Business in Deal with Anvanti Frozen Foods
SEAFOODNEWS.COM [SeafoodNews] July 6, 2015
Indian shrimp feed and fishmeal producer Avanti Feeds Limited has agreed to buy controlling interesting in Avanti Frozen Foods' shrimp processing operations located in the state of Andhra Pradesh.
According to the deal Avanti Foods will be a wholly owned subsidiary of Avanti Feeds. This will bring Avanti Frozen Foods' shrimp processing facility located in the Ravulapalem, East Godavari District of Andhra Pradesh, under Avanti Feeds management.
The deal will also see the expansion of Avanti Feeds shrimp feed production capacity through a new shrimp feed plant in the West Godavari District in Andhra Pradesh...
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