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Big American PE firm purchases Aker BioMarine’s feed ingredients arm

July 8, 2024 —  Aker BioMarine has sold its feed ingredients subsidiary to U.S. private equity firm American Industrial Partners (AIP) and Aker Capital.

The acquisition agreement for the Lysaker, Norway-based biotech and krill-harvesting company’s feed ingredients unit is based on an enterprise valuation of USD 590 million (EUR 545 million). The acquiring party will be a newly established company – owned 60 percent by AIP and 40 percent by Aker Capital – Aker BioMarine confirmed in a 3 July filing with the Euronext Oslo Stock Exchange.

Read the full article at SeafoodSource

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