Avanti Feeds Limited has announced a strategic investment in a new aquaculture venture, Thai Union Feedmill Ecuador S.A.S. (TFME). The company will invest USD 3 Million to acquire a 10% stake in the upcoming entity. This move aims to establish a presence in the South American aquaculture market through the manufacturing and distribution of feed, leveraging the partnership with Thai Union Feed Mill Public Company Limited.
Strategic Expansion into South America
On April 1, 2026, the Board of Directors of Avanti Feeds Limited approved a strategic investment in a new entity, Thai Union Feedmill Ecuador S.A.S. (TFME), which is currently in the process of being incorporated in Ecuador. This investment marks a significant step for the company in expanding its international footprint within the aquaculture sector.
Investment Details and Business Scope
Avanti Feeds will invest USD 3 Million in the venture, which will be settled in cash. This investment entitles the company to a 10% shareholding in TFME, represented by 3 million shares issued at a par value of USD 1 per share. The primary objective of TFME will be the manufacturing and distribution of specialized aquaculture feed throughout the South American region.
Strengthening International Partnerships
This initiative is supported by a strong partnership with Thai Union Feed Mill Public Company Limited, a firm that already maintains an associate relationship with Avanti Feeds. By entering the Ecuadorian market through this joint venture framework, the company expects to enhance its global standing and reach in the aquaculture industry.
Source: BSE
