Announced

Completed

Amar Seafood completed the acquisition of Otter Ferry Seafish.

Synopsis

Amar Seafood, a fully integrated aquaculture company, completed the acquisition of Otter Ferry Seafish, an aquaculture business. Financial terms were not disclosed. "We are absolutely delighted with our acquisition. We see Otter Ferry as a Scottish-based international hub supporting our operations in Norway and Canada, both as an advanced hatchery producing increased amounts of quality juveniles and also as a valuable industry agri-tech research centre. We are committed to a phased expansion of the hatchery to enable us to develop our near-market on-growing capacity in Scotland, Canada, and Norway," Bjørn M. Apeland, Amar Group Chairman.

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