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Aquaculture

EU approves Andromeda’s deal for Nireus, Selonda

'By bringing together the complementary strengths of Nireus, Selonda, and Andromeda, we will be able to define new performance standards for Mediterranean aquaculture'

By Neil Ramsden | Oct. 30, 2019 08:12 GMT
Selonda Greek bass, bream farms
Credit: Selonda Aquaculture, which is now part of Avramar.
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Fish farm in Greece. Credit: Konstantin Karchevskiy/Shutterstock.com

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The European Commission has approved Diorasis International's deal for the bulk of the seabass and sea bream farms being sold to close AMERRA Capital Management and Mubadala Investment Company’s merger of Andromeda Seafood with Nireus Aquaculture and Selonda Aquaculture [...]

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