The deal will be funded by the consortium through a combination of cash, bank loans, an issue of 19.2 million Sea Harvest ordinary shares and vendor funding, the Group said in a statement.
Since listing in 2017, Sea Harvest has actively sought to grow its business through acquisitions, as part of its strategy to become one of the largest and most diversified food and seafood product black-owned firms.
Privately held Viking Group was founded in 19...
Illegal salmon nets seized in Donegal United Kingdom
Inland Fisheries Ireland has seized 26 untagged salmon in the Glenties area in Donegal and 1100 yards of illegal salmon drift nets off Inishbeg Island.