E20 Investment, based in the United Arab Emirates, has recently acquired a majority stake in Lucky Fish, a fish processing business in Turkey. The acquisition represents a significant step for E20 Investment in expanding its global reach and presence in the agribusiness sector.
Previously majority-owned by Mediterra Capital Private Equity, Lucky Fish has been in operation since 1986 and currently employs around 450 people. The company’s focus on quality and dedication to responsible practices align with E20 Investment’s own values, making it an ideal partnership for both parties.
Under the new ownership, Lucky Fish looks forward to leveraging E20 Investment’s global expertise and resources to expand its market reach and further enhance its position as a leading value-added exporter of sea bass and sea bream from Turkey to Europe. The CEO of E20 Investment, Sultan Al Jaberi, expressed enthusiasm about the strategic investment, emphasizing the alignment between the two companies’ values and the promising opportunities presented by the partnership.
For Lucky Fish, the strategic investment by E20 Investment represents a pivotal moment in its growth story. The company’s CEO, İsmail Aksoy, expressed confidence in its ability to achieve global expansion with E20 Investment’s support, aiming to enter new target markets and increase its capacity to meet the growing demand.
Located in Izmir, with processing and fish feed production facilities in Aydin and Mugla, Lucky Fish is well-positioned to benefit from E20 Investment’s sector expertise and resources, paving the way for exciting new opportunities in the food and beverage industry
