The final agreement for BioMar and Sagun Group to establish a Joint Venture feed company and a feed plant in Turkey has been signed.
In a statement, the companies said the Turkish market is already served by more than 15 feed companies, but almost all are only local players with limited resources for research and product development. Many Turkish fish farmers have expressed the need for introducing new and better feed concepts, allowing farmers to obtain better and more stable production results.
In collaboration with one of the leading Turkish fish farmers BioMar recently performed bench mark trials with some of the main Turkish feed brands, and these trials underlined the need for introducing more efficient and sustainable diets in Turkish aquaculture.
The combination of BioMar's know-how in feed development and manufacturing with Sagun's strong network within the Turkish aquaculture sector will give the new feed company a very strong platform to start from.
