Despite not being native to Namibia, salmon is seen as a lucrative option thanks to global demand, which has tripled since 1980.
The collaboration builds on a transaction finalised in March 2024, in which Repsol acquired a 40% stake in three Bunge Iberica industrial facilities dedicated to oil and biofuel production.
The product is designed to help control multiple bacterial diseases prevalent in freshwater aquaculture.
The deal, signed on April 17, 2025, will establish Moolec as the parent company of the combined group.
Under the partnership, WorldFish and Zambia will undertake joint research and capacity-building initiatives to create economic opportunities for local commmunities.
The Wasleys facility, which generated US$2.24 million in EBITDA over the past year, has sold more than 90% of its output to Baiada.
Because this is an emerging pathogen in cattle, no approved vaccines currently exist.
The livestock restocking is part of a broader county-wide resilience strategy funded through the Ward Development Fund, towards which KES50 million (around US$385,000) has been allocated.
With the new space, the Animal Nutrition division will extend its offerings of raw materials and specialised ingredients to the ruminant, swine, pet food, and aquaculture markets.
Current CEO Stefan Scheiber will be proposed as Chairman of the Board of Directors at the Annual General Meeting in February 2026, succeeding Calvin Grieder.