Aller Aqua Group has officially inaugurated it\'s fifth factory, Aller Aqua Zambia.

\"We have been present in Africa for a long time, and now the time was right to take the next step and establish an additional factory,” stated Henrik Halken, Group Vice President for Aller Aqua Group. “The growth in Egypt and the success we experience through our own sales companies in Nigeria, Kenya and Ghana prove that there is a market for aquafeed of a higher quality than the customers here are used to.\" 

The Zambian factory is a USD 10 million investment, with a capacity of 50,000 tons per annum. It is a joint venture with Oakfield Holdings Limited. Further, Aller Aqua has an off-take agreement with Yalelo Limited, which is one of the world’s largest producers of tilapia. Yalelo plans growth of 50% per annum according to Bryan McCoy, CEO of Yalelo Limited. The agreement creates a strong base for Aller Aqua to export to neighboring countries.

“It is crucial to find the right people for collaboration in any market,\" explained Niels Lundgaard, Commercial Director – Africa for the Aller Aqua Group. \"We have found these people, and this has given us the best possible starting point in the market. Locally, we have some very strong teams in place. The key is local knowledge, industry specific experience and a drive to take the projects further.”

In October, Aller Aqua will inaugurate its sixth factory, which is in Qingdao, China.