KKR Invests in China-based Yuehai Feed Group (Asia)
Source: KKR, Bloomberg | Author(s): Cathy Kit Ching Chan
Global investment firm KKR has completed an investment in China-based aquatic feed company Yuehai Feed Group. The transaction was structured through KKR’s China Growth Fund. KKR reportedly paid around US$100 million for a significant minority stake. Yuehai, which provides feed and nutrition solutions for shrimp and seawater fish farming, intends to use the new capital to increase output and expand into other types of fish feeds.