Skretting acquires US fish feed firm
Nutreco's fish feed subsidiary Skretting is expanding its US business with the acquisition of Nelson and Sons, the manufacturer of Silver Cup fish feed. The purchase price was Euro 11m ($16m). Nelson and Sons is a privately held company with two production facilities near Salt Lake City, Utah. It produces around 30,000 metric tons of feed a year, and has annual revenues of around Euro 17m.