Umios Raises Stake in New Zealand's Sanford to 15.5%

Umios Inc. will acquire an additional 10.31% stake in Sanford Limited, a major New Zealand fisheries company, lifting its ownership from 5.22% to 15.53%. The acquisition date is November 2, 2026, and the price is NZ$71,996,607 ($40.4 million).
Umios and its wholly owned subsidiary, Maruha (NZ) Corporation, already hold 5.22% of Sanford. Sanford holds fishing quotas within New Zealand's exclusive economic zone and fishes for hoki, silverfish and scampi. It also farms king salmon and green mussels. Its products are sold in the US, Europe and China...
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