NEWS FEED & ADDITIVE MAGAZINE August 2024 13 Superior & Sustainable Animal Feed Solutions We build equipment that just runs. CPM is the world’s leading provider of innovative and automated solutions for new equipment and aftermarket. American Industrial Partners (AIP), a global industrials investor, acquired an ownership position in Aker BioMarine's Feed Ingredients segment. Feed Ingredients unit will be held by a newly established company named Aker BioMarine Antarctic Holding II AS, which will be owned 60% by AIP and 40% by Aker ASA (via its wholly owned subsidiary Aker Capital AS). Krill is one of the largest and most robust biomasses in the ocean and is increasingly recognized as a highly valuable ingredient in aquaculture feed due to its nutrient dense properties, which are hard to replicate synthetically. Aker BioMarine Feed Ingredients's fishing operations are comprised of three purpose-built Antarctic harvesting and processing vessels, one support vessel, and its shoreside operations are in Montevideo, Uruguay. The company is headquartered in Oslo, Norway and employs ~450 employees and crewmembers. "We are eager to join forces with AIP, leveraging their maritime expertise and growing aquaculture presence to accelerate our growth trajectory. This partnership positions us to more rapidly advance the aquaculture, animal health and sustainability benefits of krill globally," said Webjørn Barstad, CEO of Feed Ingredients. "Krill is a powerfully evolving niche market with compelling and sustainable growth opportunities given both its nutrient dense properties and the still underutilized nature of the vast but remote Antarctic fishery," commented Toni Rinnevaara, Partner and Chief Investment Officer of AIP. Read more>> Aker BioMarine sells Feed Ingredients business to AIP
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