Clean Seas Tuna strengthens aquaculture interests

The acquisition will complete the full business integration by Clean Seas, exercising its option to purchase CSAG, as originally outlined in the IPO prospectus.

Clean Seas owns the hatcheries and onshore facilities at Arno Bay, Port Augusta and Fitzgerald Bay which produce kingfish and mulloway. From next year it will also produce southern bluefin tuna fingerlings.

The proposed acquisition is subject to Clean Seas shareholders approving the transaction at the annual general meeting on 20 November 2007.

TheFishSite News Desk

Sign up for our
regular news updates

Latest Industry News

•   Britain Makes the Switch to Sustainable Species
•   Council Supports Local Oyster Industry
•   EU Approves Block Exemption for State Aid
•   500 Marine Protected Areas Established in Philippines
•   Parliament Passes Fisheries Bill
•   Scottish Fishermenn Maintain Pressure over Fuel
•   Update on Ganglioneuritis Virus in Abalone
•   Lack of Fish Farming Policy Force Prices Down
•   Governor Impressed by Seafood Industry
•   New Zealand Fast Forward Bold Step Forward