UAE fund, Amerra and Andromeda Group to acquire two Greek aquaculture firms
Andromeda farmed fish. (Photo: Andromeda Group)
Investment fund Mubadala Investment Company, from Abu Dhabi, together with AMERRA Capital Management LLC (the current owners of Andromeda Group) will participate as shareholders in the acquisition of majority stakes in two European sea bass and sea bream farming companies: Nireus SA and Selonda SA.
The transaction, which is subject to merger control approvals and other customary conditions, has the aim of creating a global leading aquaculture firm.
“With our focus on aquaculture and agriculture investments, we are excited by ...