The parent company of Cooke Aquaculture Inc. says the deal is the largest-ever purchase for the family-owned company since its launch in 1985.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Cooke CEO Glenn Cooke says the company is thrilled to join the Tasmanian aquaculture industry and welcomed Tassal’s 1,700 employees. Tassal harvests 40,000 tonnes of Atlantic salmon annually in five marine farming zones with four land-based freshwater hatcheries and four processing facilities from southern Tasmania to the north of Queensland.
It also farms 5,500 tonnes of Australian black tiger prawns from two hatcheries, three pond farms and processing facilities.
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