The Hyderabad-based shrimp feed and processing firm is venturing into the pet food space by expanding its shrimp portfolio to pet care through a joint venture with Thai pet food manufacturer Bluefalo Company.
Avanti reportedly holds 51% of the partnership and has established a subsidiary called Avanti Pet Care for the new business.
The partnership between both companies, that is expected to be implemented in 2 years, includes deals on manufacturing and trading capabilities for not just pet food but pet care and grooming products like soaps, shampoos, medicines, creams and grooming equipment.
