Tassal turns down bid from Cooke
Canadian fish farmer Cooke Aquaculture is making a new attempt to buy into the Australian salmon sector. Working through its parent company, Cooke Inc, it has made a non-binding offer […] Continue Reading
Huon shareholders agree JBS takeover deal
Shareholders in Australian salmon farmer Huon Aquaculture have voted in favour of the takeover bid from multinational meat processor JBS. In an online meeting this morning, Chairman Neil Kearney set […] Continue Reading
Huon acquisition gets green light from regulators
The takeover of Tasmanian salmon farmer Huon Aquaculture by Brazil’s JBS is one step closer following the announcement by Australia’s Foreign Investment Review Board (FIRB) that it has no objections […] Continue Reading
Tasmanian fish farming set to expand offshore
The Australian and Tasmanian governments have agreed to work together on a framework that could see the development of offshore aquaculture in Tasmania. A memorandum of understanding between the federal […] Continue Reading
Huon picks up gold and silver in quality awards
The beleaguered Australian salmon farmer Huon Aquaculture was able to smile again this week after picking up a clutch of top awards for the quality of its fish. The company […] Continue Reading
Huon performance hit by Covid and other incidents
Huon Aquaculture, the Tasmanian salmon farming company at the centre of a takeover battle, has suffered a loss of AUS $128m (£67m) for the financial year ended 30 June. The […] Continue Reading
Huon board stands by JBS takeover offer
The board of Tasmanian fish farming group Huon Aquaculture have reiterated their support for the takeover offer from Brazilian meat producer JBS, despite the interest in Huon being expressed by […] Continue Reading
Cooke Aquaculture confirms interest in Huon
Cooke Aquaculture has signalled that it is interested in acquiring the Tasmanian salmon farmer Huon. The company president and CEO Glenn Cooke told the Tasmanian newspaper, The Mercury, that Tasmania […] Continue Reading
JBS faces competition for Huon Aquaculture bid
The battle for the Tasmania-based salmon farmer Huon Aquaculture has taken on a new intensity. The Brazilian meat giant JBS launched a parallel bid at the weekend after the Australian […] Continue Reading