FISH feed supplier BioMar has signed a deal with Turkish aquaculture company Sagun Group that will pave the way for the creation of a feed company and feed plant in the south-west of Turkey.
The report, in FIS, states that as well as supplying Turkish fish farmers, the new plant – which is scheduled to be completed at the end of 2015, will also export feed to farmers in neighbouring countries.
Commenting on the deal, BioMar stated that: ‘The combination of BioMar’s know-how in feed development and manufacturing with Sagun’s strong network within the Turkish aquaculture sector will give the new feed company a very strong platform to start from.
‘Turkey is one of the leading aquaculture nations in Europe. It still has a tremendous growth potential with excellent natural conditions for fish farming, a growing domestic fish consumption as well as good access to export markets for both fish and fish feed.
‘We are extremely pleased to enter this agreement with the Sagun Group. The Sagun Group is a solid company with a long history and an excellent network in Turkey and internationally. This will facilitate the market access for the new Joint-Venture factory.’
The Sagun Group – which comprises five companies operating eight production facilities in Turkey and specialises in aquaculture and fish processing – commented:
‘The know-how of BioMar within areas like fish feed development, sourcing, and feed manufacturing will benefit both us and other fish farmers in Turkey.
‘BioMar is the leading supplier of high performance feed to sea bass, sea bream, and trout in Europe, and we are proud to enter into a collaboration agreement with BioMar on equal terms.
‘We believe this Joint-Venture will help to develop and strengthen the whole aquaculture sector in Turkey.’