Mukka Proteins Limited — JV/Acquisition, 25-03-2025: Acquisition

Mukka Proteins Limited has announced a strategic investment in FABBCO Bio Cycle and Bio Protein Technology Private Limited, acquiring 51% of its equity share capital for ₹6 Crore (cr). This acquisition aims to enhance Mukka's insect protein business and aligns with its growth strategy in the animal feed sector. FABBCO, incorporated in June 2023, has a current turnover of approximately ₹77.98 Lac and is positioned in waste processing. The deal is set to complete by June 30, 2025, indicating a significant operational expansion for Mukka.