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Announced

Nutreco-backed Skretting Australia to acquire Ridley’s extrusion facility from Ridley Corporation for $42m.

Synopsis

Nutreco-backed Skretting Australia, a company specializing in nutritional solutions and services for aquaculture, agreed to acquire Ridley’s extrusion facility in Westbury, Tasmania, from Ridley, a provider of high-performance animal nutrition solutions, for $42m. “I am pleased that we are expanding our manufacturing capacity to enable us to continue our long-term commitment to clients and partners across the broader Australian and New Zealand aquaculture industries. I am very proud of what our team has, and continues to achieve, and the role that we play in supporting local communities. It’s an exciting day for the Skretting team,” Melissa Abbott, Skretting Australia General Manager.

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