
Acquisitions26 Mar 2025, 05:14 pm
Mukka Proteins Limited Strengthens Core Business with Strategic Acquisition of GSM Marine Export
AI Summary
Mukka Proteins Limited, India’s leading fish meal and fish oil producer, has announced the strategic acquisition of a 51% stake in GSM Marine Export, a specialized manufacturer of fish meal and fish oil. This investment, amounting to 314.00 crore, aligns with Mukka Proteins’ strategy to further add capacity and strengthen its market leadership. The acquisition enhances MPL’s processing capabilities, secures additional raw material supply chains, and reinforces its ability to meet the rising global demand for high-quality fish meal and fish oil. The transaction is expected to be completed by June 30, 2025.
Key Highlights
- Mukka Proteins Limited acquires a 51% stake in GSM Marine Export for 314.00 crore
- The acquisition strengthens Mukka Proteins’ position in the fish meal and fish oil industry
- GSM Marine Export is a specialized manufacturer of fish meal and fish oil
- The transaction is expected to be completed by June 30, 2025
- GSM Marine Export demonstrated strong growth potential with a revenue of ¥32.35 crore in FY 2023-24