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Gold Coin Acquires SyAqua Shrimp Genetics

06 July 2011

SINGAPORE - Animal Nutrition and Feedmilling Group, Gold Coin, has announced that it has acquired full control of Shrimp Genetic Company SyAqua.

Gold Coin Group CEO, Mr JC Filippi, said: "The key objective of this strategic acquisition is first to offer an alternative to Asian shrimp farmers, combining technical and commercial synergies between Nutrition and Genetic to enhance shrimp production performances and therefore farmers profitability."

Mr Tycho Vos, the newly appointed Managing Director to the SyAqua Group said: "In the last 10 years, SyAqua has developed a unique and strong Genetic and Breeding programme targeting improvements in growth performance, robustness and resistance to diseases."

"New technologies and resources are now being used within our facilities focusing on and addressing the new Industry challenges and market expectations."

Dr Thomas Gitterle, previously Head of the Genetic and Breeding Department at CENIACUA (Colombia) and Scientific Advisor to AKVAFORSK Genetic Center (Norway), is now the new Technical Director of SyAqua in charge of genetic improvement and development.

Dr Gitterle will also oversee a number of research initiatives and activities including a Nutrigenomics project in Singapore and a research programme in Indonesia for IMNV.

TheFishSite News Desk



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