Hatch launches €50m investment plan for ‘regenerative’ aquaculture
The group boasts venture partners including Kingfish Zeeland chair Hans den Biemen and Delta Blue CEO Jeff Fort, plus advisors like Einar Wathne, Darian McBain, and Magdalena Wallhoff Lamprecht
AquaChile took $36m loss on sale of Costa Rican tilapia unit
Chilean salmon powerhouse Empresas AquaChile took a $36.4 million loss when it sold its Rainforest Tilapia unit to Costa Rican seafood processor and exporter Industrias Martec
Fishin’ founder’s new Ren plant follows Beaver Street into Walmart skin-packs
Both Ren and Beaver Street are moving into regions previously exclusively supplied by Norway's Mowi from its plants in Miami, Florida, and Dallas, Texas
WorldFish transfers GIFT tilapia to Nigeria to kickstart domestic industry
The aim is for GIFT tilapia to be in Nigerian fish markets by late 2023, the nonprofit said
Amid East Coast sale talks, Forum has ‘no intention’ of divesting Fishin’ note
Forum has 'no intention' of divesting its loan position in Walmart supplier Fishin', with negotiations underway to sell the private equity's other sector stake, East Coast Seafood
Walmart’s favorite tilapia supplier regroups after year of hiring, firing
A top-to-bottom reshuffle at US frozen seafood importer Fishin' has been ongoing since last April, with more staff shown the door as recently as the end of February
India’s Aquaconnect plots national expansion as aquatech revolution gathers pace
The aquatech services and trading platform is aiming to cover 8% of India's aquaculture sector by the end of the year, building off its latest $8m funding round
Chinese aquafeed giant calls for tax parity with pork, poultry
Tongwei Group, China's largest producer of aquafeed and photovoltaics, has urged the Chinese government to cut taxes for aquaculture companies
Walmart supplier Fishin’ Company plans $130m India tilapia project
According to Undercurrent News sources familiar with Fishin', the project will offer vertically integrated supply for the likes of Walmart, in the North American market
After passing $600m sales, Southwind looks to organic growth with M&A valuations high
Further growth more likely to come from organic initiatives due to the high valuations from a strong 2021 for the sector as a whole, said president Sam Galletti