Denmark

BioMar invests $15 million to expand its operations in Denmark

Mergers & Acquisitions

BioMar Group has recently announced its plans to invest DKK 90 million ($14.47 million) to expand its production capacity at its factory in Denmark.

Posted on May 14 ,14:29

BioMar invests $15 million to expand its operations in Denmark

The company says the new line will be highly specialized and dedicated to fry and RAS feed production enabling the factory to increase flexibility, quality and production performance.

BioMar's investment strategy at its plant in Brande is based on the significant growth of product sales that the facility has witnessed during the last years.

The factory delivers feed to farmers across most of Europe. The company says that its Danish unit "has a very strong foothold in the eastern European countries as well as in the RAS segment across all BioMar markets."

After the capacity expansion, the company expects the facility to deliver 150,000 tons of feed per year. Furthermore, it is the company's largest production unit in Europe outside the salmon markets. The factory is designed for agility with a flexible production set-up. It delivers mainly feed for species such trout, eel, sturgeon, and salmon in RAS; however, in total, the factory produces feed for more than 40 species.

"BioMar has experienced a solid growth in market share on our core markets in Europe and the factory in Brande has through the last years been expanding capacity by removing bottlenecks and optimizing operational processes. We foresee that the growth will continue and we need to take a significant leap forward to make sure we can deliver on the future demands from the customers", explains Carlos Diaz.

Photo Source: BioMar

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

INTERNATIONAL

How Ammeraal Beltech's uni DTB revolutionised production at Dovecote Park

Dovecote Park, a family-owned business renowned for producing premium British beef, veal, and ven...


Read more Read more
AUSTRALIA

Another strong year for Australian beef

Production Australia had a strong year for beef production in 2024, producing a record 2.57 mill...


Read more Read more
USA

US: NCBA outlines trade priorities in ways and means hearing

In the hearing titled, American Trade Negotiation Priorities, Kirkland highlighted the benefits o...


Read more Read more
Websolutions by Angular Software and SpiderClass