- Thursday - October 11: (RWE Australian Business News) -
As previously foreshadowed, worldwide barramundi farming specialist Cell
Aquaculture (ASX: CAQ) has negotiated to buy out its joint venture
partner to own 100 percent of Cell Aquaculture Netherlands BV. The main
asset is the Tolbert barramundi facility in Holland.
The Tolbert facility is fitted with Cell's proprietary
production system and is now fully stocked and has commenced selling
barramundi to local markets. The facility has a production capacity
of 70 tonnes of barramundi per annum.
Cell Aquaculture is expanding its capacity and sales in Europe
with the Dutch facility and has also installed another barramundi
production facility in Bulgaria for a publicly listed seafood
company - Atlantic Ltd.
cell aqua buys out netherlands partner
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