Dutch private equity fund Linnaeus Capital Partners B.V. has upped its stake in Greek sea bass and sea bream farmer Dias Aquaculture.
Tethys Ocean B.V., the aquaculture arm of Netherlands-based Linnaeus Capital Partners, now owns about 86 percent of Dias Aquaculture after 148 shareholders, representing a total of about 9 million shares, accepted Tethys’ tender offer between 16 May and 13 June.
The announcement came on Friday, about three months Tethys Ocean made an offer to buy out all remaining shares in Dias Aquaculture.
