Avanti Feeds Limited has announced a strategic expansion into the South American market. The Board of Directors has approved a USD 3 million investment to acquire a 10% stake in the newly to-be-incorporated entity, Thai Union Feedmill Ecuador S.A.S. This venture, established in partnership with Thai Union Feed Mill Public Company Limited, will focus on the manufacturing and distribution of aquaculture feed, further strengthening the company’s global footprint in the aquaculture sector.
Strategic Global Expansion
On April 1, 2026, the Board of Directors of Avanti Feeds Limited confirmed a new investment aimed at bolstering its presence in the international aquaculture industry. The company is set to participate in the formation of Thai Union Feedmill Ecuador S.A.S. (TFME), a venture located in Ecuador, South America.
Details of the Investment
As part of this expansion, Avanti Feeds Limited will invest USD 3 million in cash to subscribe to 3 million shares. This transaction will grant the company a 10% equity stake in the entity. The shares are being issued at a par value of USD 1 per share.
Operations and Business Focus
The new entity, TFME, will operate within the aquaculture industry. Its primary business objective is to handle the manufacturing and distribution of specialized feed products within the Ecuadorian market. By collaborating with its existing joint venture partner, Thai Union Feed Mill Public Company Limited, Avanti Feeds is effectively leveraging established expertise to capture growth opportunities in a new geographical region.
Source: BSE
