UK sea bass producer ready for business

By

SeafoodSource staff

Published on
January 29, 2012

After a recent change of ownership and a new identity, Anglesey Aquaculture, the UK’s only producer of sea bass, is ready for business.

Formerly Selonda UK, the company operates a recirculation fish farm in Anglesey, North Wales. It currently has an annual production capacity of 1,000 metric tons of sea bass, all of which is sold under the Anglesey Sea Bass brand.

On 5 January, the aquaculture division of Linnaeus Capital partners, Tethys Ocean, acquired the company’s assets and business of Selonda. When the deal was complete, the company was renamed Anglesey Aquaculture.

“Anglesey Aquaculture has received incredible support from its new owners in the weeks since the acquisition. Tethys Ocean and Linnaeus understand the unique nature of this special project and are fully prepared to give long-term support to it because they believe that what we are doing here is the future for a lot of fish farming operations around the world,” said Andre Bravo, Anglesey managing director. “Under the guidance of Tethys Ocean, we are first stabilizing the Anglesey operation. We will then develop and expand our production capacity, and eventually move into processing and value-added activities.

“From a commercial perspective, I have no doubt that 2012 will be a defining year for Anglesey Sea Bass. We have a number of very exciting contracts in the pipeline that we hope to announce soon. But what I can say for now is the future is looking very bright for this business.”

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