Mukka Proteins Limited has announced a significant strategic move by investing ₹1 Crore to acquire a 68% stake in United Gulf Fishery Products LLC. The decision was made during a board meeting on November 12, 2025, with the company aiming to enhance its presence in the Middle East's seafood market. This acquisition is part of Mukka Proteins' broader strategy to expand its operations and leverage local expertise, which could potentially lead to a merger with another group company to drive operational efficiencies.

United Gulf Fishery Products LLC, incorporated on November 18, 2016, specializes in the manufacturing and trading of fish and seafood products, as well as animal feed. Despite its promising sector, the company reported a turnover of nil as of December 2024, indicating it has yet to establish a significant market presence. Mukka Proteins' investment not only provides financial support to the fledgling entity but also positions Mukka to capitalize on growth opportunities in the region's seafood industry.

The acquisition is structured as a cash transaction, requiring regulatory approvals from the Reserve Bank of India under the Foreign Exchange Management Regulations, with an expected completion date of March 31, 2026. Mukka Proteins' strategic investment underscores its commitment to diversifying its portfolio and enhancing its competitive edge in the market. The company’s leadership believes that this acquisition will be instrumental in achieving long-term growth and operational success in the Middle East.