Acquisitions2 Sept 2025, 10:30 am
Mukka Proteins Completes Acquisition of FABBCO Bio Cycle and Bio Protein Technology
AI Summary
Mukka Proteins Ltd has completed the acquisition of 51% equity share capital of FABBCO Bio Cycle and Bio Protein Technology Private Limited. The acquisition was made for a total consideration of Rs. 5,95,10,500 (Rupees Five Crore Ninety-Five Lakhs Ten Thousand and Five Hundred Only). The investment was part of the company's strategic plans to expand its Insect Protein business. FABBCO is in the business of manufacturing of animal feed and processing of all kinds of waste.
Key Highlights
- Mukka Proteins completes acquisition of 51% equity share capital of FABBCO Bio Cycle and Bio Protein Technology
- Total consideration of Rs. 5,95,10,500
- Investment part of strategic plans to expand Insect Protein business
- FABBCO in the business of manufacturing of animal feed and processing of all kinds of waste
- FABBCO's Turnover (FY 2023-24): Rs. 77,97,799/-