Canada-based Amar Seafood has reached an agreement with Scotland-based Otter Ferry Seafish to acquire the latter company for an undisclosed amount.
Otter Ferry Seafish is an aquaculture company founded in 1967, making it one of the U.K.’s longest-running aquaculture businesses. The company originally developed trout farming, land-based salmon farming, and broodstock and smolt production before moving into other marine species.
“We are very pleased and excited to entrust the stewardship of this historic company to Amar Seafood,” Otter Ferry Managing Director Alastair Barge said in a release. “We know them well and have developed a strong supplier-customer relationship that fits well with our ethos of innovation and sustainability. We can clearly see the benefits that Amar Seafood will bring – not just to the company but to all those involved in the company and the Scottish aquaculture sector as a whole.”
Otter Ferry said it is currently the only commercial marine hatchery in Scotland and is now playing a leading role in establishing production of halibut, wrasse, and lumpfish.
“Otter Ferry have kept the flame alight for halibut as a species over the last 30 years, and we now have a company in Amar Seafood that can more than match our vision for this extraordinary product,” Barge said.
Otter Ferry has also partnered with salmon farmers in Scotland for wrasse production to help control sea lice and specializes in the production of “cleaner fish.”
Amar Seafood ...
