Paris – Corporate Finance International (‘CFI’) is pleased to announce that they acted as exclusive financial advisor to the Société Coopérative Agricole Les Aquaculteurs Landais (SCAL) and Sud-Ouest Aliment on the sale of Aqualia, a company specializing in the manufacture and commercializing of fish feed, to Le Gouessant Group.
Created in 2016, Aqualia manufactures and commercializes fish feed for fish farming companies in France and Europe. The Company owns the most modern fish feed plant in Europe and offers a range of organic and conventional products for freshwater and seawater fish, including trout, sea bream, sturgeon, sea bass, shrimps, etc.
During FY 2020, the Company produced 12,600 tonnes of feed and generated sales above 15 million euros.
Le Gouessant group has been developing its aquaculture nutrition business since 1987. The Group is now a major player in France with 22,000 tonnes of fish feed marketed per year. Le Gouessant will support this takeover with a two-year investment plan and strengthen its longterm partnership with Société Coopérative Agricole Les Aquaculteurs Landais.
The transaction closed on 1 March 2021.
has raised working capital