Navis Capital Partners divests entire stake in Godaco Seafood JSC

Godaco, a leading producer and processor of seafood products in Vietnam, operates a fully integrated platform with an in-house feed mill, farms, primary and value-added processing plants, and cold storage facilities. This unique and robust platform ensures traceability, consistency, and quality in its products at globally competitive production costs.

Operating throughout the Mekong Delta, Godaco has become one of the largest exporters of basa fish in Vietnam. Godaco exports to over 70 nations globally. Key markets include China, Europe, the Middle East, South America and other parts of Southeast Asia, as well as the fast-growing Vietnamese domestic market.

Since Navis’ investment in Godaco in 2013, the business and its operating capabilities have grown substantially. Strategic investments in farm expansion and the feed mill were complemented by the construction of additional primary processing, by-product processing, and a state-of-the-art value-added cooking facility able to produce ready-to-cook meals.

These investments catapulted Godaco into one of the leading and fastest growing seafood companies in Vietnam, allowing it to diversify its product mix and reduce its exposure to the volatile commodity cycle common in the industry.

Nicholas Bloy, managing partner at Navis, commented, “Godaco has evolved from a medium-sized basa fish processor to a fully integrated seafood company with globally competitive quality and pricing. Our partnership with the company's founder and CEO has been excellent, and we wish the entire management team great success as they move into their next chapter of development.”

Navis Capital Partners (Navis), an Asia-based private equity firm, has completed an investment in Thanh Thanh Cong Education JSC (TTCE), a high-quality Vietnamese private education platform operating in southern Vietnam.

Excelsior Capital Vietnam Partners, a private investment fund under Excelsior Asia Capital of Switzerland headquartered in Hong Kong, is poised to finalise its interest in male grooming chain 30Shine, according to insider sources disclosed by DealStreetAsia.

Private equity firm Gaw Capital Partners announced its strategic investment in NPX Point Avenue, a K-12 education group providing innovative and high-quality educational solutions in Vietnam, on March 3.