Exploring BioMar's Potential Separate Listing by Schouw & Co.
Schouw & Co. Evaluates BioMar’s Separate Listing Potential
BioMar stands as a significant player in the aquaculture industry, known as the world's third largest producer of premium feed for farmed fish and shrimp. This company demonstrates a deep commitment to innovation and sustainability, supporting aquaculture's evolution amid the rising demand for healthy protein sources globally. Since joining forces with Schouw & Co. in 2005, BioMar has grown substantially, witnessing a revenue increase from DKK 2.6 billion and an EBITDA of DKK 124 million to forecasted revenues between DKK 16.5 billion and DKK 17.0 billion for 2024, alongside an expected EBITDA of DKK 1,410 million to DKK 1,460 million. Additionally, it is important to note the non-consolidated revenue from joint ventures, contributing approximately DKK 1.5 billion, indicating the robust nature of its operations.
Commitment to Growth and Sustainable Practices
Schouw & Co. maintains a proactive and responsible ownership approach, emphasizing the enormous potential for BioMar to expand further within the aquaculture market. This potential is evident not only through organic growth strategies but also through acquisitions that can bolster their market position. Maintaining adequate capital resources for their other portfolio companies is a priority for Schouw & Co., ensuring all entities within the group thrive while contributing to the broader corporate context.
Evaluation of a Potential Separate Listing
With this backdrop, Schouw & Co.’s Board of Directors has chosen to launch an evaluation regarding the feasibility of a separate listing of BioMar. This inquiry aims to assess if such a move could create value for Schouw & Co. while simultaneously providing BioMar with the best routes for sustained growth. Should a separate listing proceed, Schouw & Co. plans to retain a majority stake in BioMar, safeguarding its essential role while enhancing potential for expansion.
Perspective from Leadership
Jens Bjerg Sørensen, the CEO of Schouw & Co., articulated that BioMar's development into a leading global supplier demonstrates significant achievements made during their ownership. He emphasized that a potential separate listing could offer BioMar a dedicated platform to further solidify its growth trajectory, allowing investors to engage directly with a top-tier specialist in the burgeoning aquaculture market, significantly influenced by emerging megatrends.
Timeline and Advisory Support
While the specifics surrounding a potential separate listing remain uncertain, any decisions leading to such an move may unfold as early as the second half of 2025. To facilitate this evaluation, Schouw & Co. has engaged FIH Partners as advisors, ensuring that both companies can navigate this significant transition thoughtfully and strategically.
About Schouw & Co.
Aktieselskabet Schouw & Co. is a diversified industrial conglomerate, investing in Danish businesses with an international outlook. Known for its responsible investment philosophy and long-term strategies, Schouw & Co. has been publicly trading on Nasdaq Copenhagen since 1954. This longevity presents a unique opportunity for investors interested in a diversified array of industrial enterprises.
About BioMar
As a global leader in aquaculture feeds, BioMar specializes in delivering quality products fostering sustainable and efficient aquaculture practices. Their innovative solutions cater to over 45 aquatic species, addressing the nutritional needs throughout various growth stages. With more than 1,900 skilled employees and operations across 17 facilities in 13 countries, BioMar adeptly supports its customer base in over 90 markets worldwide. Established in 1962 and headquartered in Aarhus, Denmark, BioMar maintains a strong reputation in the industry.
Frequently Asked Questions
What is Schouw & Co.'s relationship with BioMar?
Schouw & Co. acquired BioMar in 2005 and has since helped it grow to become a global leader in aquaculture feed production.
Why is Schouw & Co. considering a separate listing for BioMar?
The evaluation aims to determine if a separate listing would enhance value for Schouw & Co. and support BioMar's growth initiatives.
What are BioMar’s projected revenues for 2024?
BioMar anticipates revenues between DKK 16.5 billion and DKK 17.0 billion for 2024.
What role does FIH Partners play in this evaluation?
FIH Partners has been engaged as advisors to assist Schouw & Co. in assessing the feasibility of a separate listing for BioMar.
What are the implications of BioMar's potential separate listing for investors?
A separate listing could provide investors direct access to investing in a leading company within the rapidly growing aquaculture sector.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.