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IFB Agro to acquire Cargill India’s aquafeed business

The board of directors of IFB Agro Industries Ltd. has agreed to acquire Cargill India’s entire commercial compound shrimp feed and freshwater fish feed business.

Press release
June 3, 2025
Merger Acquisition 2
Maksim Labkouski | BigStock.com

The board of directors of IFB Agro Industries Ltd. has agreed to acquire Cargill India’s entire commercial compound shrimp feed and freshwater fish feed business.

The acquisition includes Cargill India’s manufacturing facilities in Vijayawada and Rajahmundry in Andhra Pradesh. It will include feed formulations, assets, business contracts, liabilities, licenses, employees and other associated resources.

The transaction is subject to the execution of a definitive business transfer agreement and is expected to be completed by July 31.

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