4) Mergers and acquisitions
Overseas acquisitions of international seafood firms will happen, but not necessarily by seafood firms, but rather the large state-connected conglomerates with access to state finance. Such firms have been purchasing farmland as well as beef and dairy assets in Australasia. Chinese firms posted a historic high overseas direct investment of USD 118 billion (EUR 111.7 billion) in 2015, a figure that is set to grow further given expectations of a weaker renminbi and uncertain economic growth as well as weaker margins at home.
