Mukka Proteins has completed acquisition of 51% stake in GSM Marine Export, Partnership Firm for an amount not exceeding Rs 14 crore by way of capital contribution. The investment was made as a part of Company’s strategic investment plans to expand the core business of the Company.
GSM Marine Export is in the business of manufacturing of fish meal and fish oil.
Mukka Proteins is one of the key players of the fish protein industry. The company manufactures fish oil which is used in the production of soap, leather tanneries, and the paint industry.
