Investments Funding & M&A

The LIFT project is organised by the U.S. Department of Agriculture and implemented by Counterpart International.

The laboratory is expected to strengthen Nigeria’s feed testing and regulatory capacity, at a time when the country’s livestock sector is under growing pressure.

The Nutrex 7 Series builds on Bühler’s twin-screw extrusion technology, which has been used for more than 40 years in the production of cereals, snacks, pet food, meat alternatives and food ingredients.

The Irish-funded research will examine how such additives perform across different production stages, providing long-term data on effectiveness and potential scalability.

In the fisheries sector, the package includes five major projects spanning algae cultivation, abalone farming and shrimp production, alongside a tuna fattening project using floating cages.

The exhibition is expected to attract over 600 exhibitors from 40 countries, including 12 country pavilions, and more than 20,000 visitors.

The company added that it may carry out additional share purchases outside the programme if deemed appropriate, including block trades, under its existing shareholder authority.

The sector supports around 75 million livelihoods and contributes roughly 5% to GDP, valued at about US$32 billion.

According to Alltech, Asia remained the global center of feed production in 2025, with an output of 559 million tons.

For the first time in a decade, the number of cats in the U.S. has surpassed dogs, reinforcing demand for cat-focused nutrition products.