Lucky Star owner Oceana eyes growth as aquaculture closes in on wild-caught fish | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Lucky Star owner Oceana sees a lot of runway ahead of it for organic expansion, saying it expects its canned fish brand to continue being boosted by cash-strapped consumers shopping down to more affordable food products. | News24_Business

Lucky Star owner Oceana sees a lot of runway ahead of it for organic expansion, saying it expects its canned fish brand to continue being boosted by cash-strapped consumers shopping down to more affordable food products.

In an interview with News24 after the release of results for the year ended September, CEO Neville Brink said there were also similar growth opportunities available to its fish oil and fish meal businesses, which feed into the burgeoning aquaculture market. Aquaculture generally refers to the farming of fish and other ocean-related products.

At the same, Brink also said the group was open to merger and acquisition activity as an avenue for growth, but would be prudent about any asset allocation.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business Lucky Star isn't affordable to poor people

_Business tito_mboweni is smiling

_Business For many who have waited too long Aquaculture may now be out of their reach? The barriers to entry have intensified with climate change environmentalism governments interfering and additional pressure on local waters There are only two ways to compete throw lots money at it 1/2

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Murray & Roberts slumps as Australian unit enters business rescue | BusinessShares of engineering firm Murray & Roberts slumped by double digits on Monday morning, after it said its proposed R4 billion sale of its Australian business unit Clough had fallen through, resulting in a business rescue process. | News24_Business _Business Gemeente Heemstede de heer en mevrouw BIDS Schenker heeft 500K weggegooid en is niet tevreden over de zinloosheid van de ontwerpen waarom niet gewoon de OUDE BOUWMATERIALEN BOUWTEKENINGEN er bij gehaald ? Herhalen de oude Tekeningen Belvédère HeemCour
Source: News24 - 🏆 4. / 80 Read more »

Political change is also the business of businessThis past week I spent a few hours visiting an innovative South African agri-technology business that is well on its way to becoming a global player. I was blown away by the knowledge and technology they produce, and their approach to solving problems, writes Songezo Zibi.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Business Talk in the top 10% of most-followed podcasts on SpotifyBusiness Talk with Michael Avery – South Africa’s leading online business talk show – had an exceptional 2022.
Source: BusinessTechSA - 🏆 24. / 61 Read more »