Add-on Acquisition • Agriculture

Oceanloop Acquires Forde Garnelen

On March 23, 2023, Oceanloop acquired agriculture company Forde Garnelen

Acquisition Context
  • This is Oceanloop’s 2nd transaction in the Agriculture sector.
  • This is Oceanloop’s 2nd transaction in Germany.

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M&A Deal Summary

Date March 23, 2023
Target Forde Garnelen
Sector Agriculture
Buyer(s) Oceanloop
Deal Type Add-on Acquisition

Target Company

Forde Garnelen

Strande, Germany
Forde Garnelen produces marine shrimp species "White Tiger" . In seawater directly from the Baltic Sea, which is heated to tropical 28°C with waste heat, they reach their market weight of approx. 30g within half a year. Forde Garnelen is a based in Strande, Germany.
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Buyer Overview 1

Buyer

Oceanloop

Munich, Germany

Category Company
Sector Agriculture
DESCRIPTION

Oceanloop is a pioneer in land-based aquaculture. The company runs two farms near Munich and Kiel for breeding brine shrimp, where they produce the "Bavarian shrimp" and the "Förde shrimp" in sashimi quality. Oceanloop is based in Munich, Germany.


Deal Context for Buyer #
Overall 2 of 2
Sector: Agriculture 2 of 2
Type: Add-on Acquisition 2 of 2
Country: Germany 2 of 2
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-23 Neomar

Osterberg, Germany

Neomar is an aquaculture technology company. Neomar is based in Osterberg, Germany.

Buy -