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Finance and Investment Summit: M&A and Inorganic Growth in the Shrimp Industry

A lot of various coins
Scope /

Aquaculture, and especially shrimp aquaculture, is a fragmented sector. However, this is changing. Companies across the value chain are acquiring peers, expanding internationally, and even entering other parts of the value chain. The motivation is to achieve scale, lower costs, capture market share, and position strategically. All market leaders in other agricultural sectors have engaged in periods of inorganic growth at some point in their history. However, inorganic growth and acquisitions are among the highest-risk activities companies will ever undertake. The young shrimp industry is at a moment in its evolution where inorganic growth is accelerating, and developments in the next few years will define the market leaders for decades to come. At the GSF Finance and Investment Summit, we will discuss this inorganic growth with key leaders in the sector at every point in the value chain, from genetics to feed to farming to processing. We will explore the opportunities, challenges, and personal experiences, as well as future goals and ambitions. Finally, we will examine how financial investors perceive the risks and opportunities of a buy-and-build strategy in the shrimp value chain.

Chairpersons /
Gorjan Nikolik
Rabobank
Gorjan Nikolik
Senior Industry Analyst
Since joining Rabobank International in 2005, Gorjan Nikolik has been an industry analyst focusing on the global seafood sector including aquaculture, wild-catch, seafood trade and processing. In his primary role, he works as a senior sector expert to Rabobank departments such as Mergers and...
Rachel Mutter
IntraFish logo
Rachel Mutter
Editor
Rachel Mutter has been reporting on the global seafood industry for two decades. Originally from London, she has also spent time working in China and is currently based out of Kuala Lumpur, with a particular focus on the farmed shrimp sector.
Program /
9:00-9:05
Opening
9:05-9:25
Setting the Scene: M&A and Inorganic Growth in the Shrimp Industry

Presented by Gorjan Nikolik, Senior Industry Analyst, Rabobank

9:25-9:50
M&A and Inorganic Growth in Shrimp Feed: BioMar

Presented by Michael Kanstrup Gammelgaard, Business Development Director, BioMar

Q&A moderated by Rachel Mutter, Senior Reporter, IntraFish

9:50-10:15
M&A and Inorganic Growth in Shrimp Processing and Distribution: Captain Fresh

Presented by Utham Gowda, Founder and CEO, Captain Fresh

Q&A moderated by Rachel Mutter, Senior Reporter, IntraFish

10:15-10:45
Coffee Break
10:45-11:10
M&A and Inorganic Growth in Shrimp Farming and Production: Omarsa

Presented by Sandro Coglitore Castillo, General Manager, Omarsa 

Q&A moderated by Rachel Mutter, Senior Reporter, IntraFish

11:10-11:35
M&A and Inorganic Growth in Shrimp Genetics: Hendrix Genetics

Presented by David Danson, Managing Director Business Unit Shrimp, Hendrix Genetics

Q&A moderated by Rachel Mutter, Senior Reporter, IntraFish

11:35-11:55
Panel Discussion: Bankers and Investors' Perspectives

Panelists: 

Reinier Henneman, Global Sector Head for Agri Technologies and Inputs, Rabobank Corporate Finance

Mike Gilkes, VP for Oceans, S2G Ventures

Maria Velkova, Chief Portfolio Officer, Aqua-Spark

Moderated by Rachel Mutter, Senior Reporter, IntraFish

11:55-12:00
Closing Remarks
Speakers /