# Scales Corporation increases stake in Shelby JV to 7.5%

Scales Corporation Limited acquired an additional 7.5% holding in subsidiary Shelby JV LLC for USD 24.4 million, increasing its investment in the US petfood ingredient market.

- Type: Acquisition
- Announced: 2025-04-16
- Where: United States
- Value: $24.4M
- Status: completed
- Products: petfood ingredients
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [SCALES](https://endata.com/companies/9398.md) (acquirer)
- [Shelby JV LLC](https://endata.com/companies/84186.md) (target)

## Sources

- [business.scoop.co.nz](https://business.scoop.co.nz/2025/04/16/scales-increases-investment-in-shelby-foods/), 2025-04-16: "We are delighted to lift our investment in Shelby."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.