Marine Harvest Completes Purchase of Gray Aqua Assets
International aquaculture producer Marine Harvest has completed the purchase of aquaculture farming assets previously owned by Gray Aqua Group of Companies in Atlantic Canada.
The purchase includes seven farming licences in Newfoundland and Labrador, including the Hermitage processing plant.
The Marine Harvest purchase also includes 17 site applications throughout the province which are currently under provincial review. Other assets acquired include one hatchery and two farming licences ...
Norway Company to Purchase Gray Aqua Assets
Marine Harvest recently announced that it has 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 $15 million (CAD). The Gray Aqua Group of Companies 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 ...