Marine Harvest To Purchase Farming Assets on the East Coast of Canada
SEAFOODNEWS.COM [SeafoodNews.com] - December 18, 2016
Marine Harvest learned yesterday that they have been nominated by the Receiver of all the assets owned by the Gray Aqua Group of Companies, to purchase the company. The acquisition price on a cash and debt free basis is CAD 15 million. The Company is based on the East Coast of Canada and is currently in receivership.
The acquisition is important from a strategic point of view, as it further broadens Marine Harvest's global farming footprint in a country where we are already present on the West Coast. The market for salmon in North-East America continues to develop very favourably, and the acquisition represents...
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