Finnforel Oy and Alltech Inc. acquired Raisioaqua Oy from Raisio plc (HLSE:RAIVV) for €7 million on February 28, 2023. The 27 employees currently working in the fish feed business will continue to work for Raisioaqua Oy as existing employees. The net sales of the fish feed business in 2022 were EUR 24.9 million and EBIT was EUR -5.1 million, including the impairment loss of EUR 4.1 million. Merilampi Oy acted as legal advisor to Alltech Inc.
Finnforel Oy and Alltech Inc. acquired Raisioaqua Oy from Raisio plc (HLSE:RAIVV) on February 28, 2023.