UK's Kirwin doubles in size with acquisition as Coral moves to take full control of Atlantic Sapphire
What's the deal? UK-based Kirwin has doubled its size through an acquisition, while Coral has launched a tender offer for the remaining shares in land-based salmon farmer Atlantic SapphireDealroom has a profile for this one. Try Dealroom →, building on the stake that already gave it majority control.
The signal: Both moves point to continued consolidation across the seafood sector, as companies pursue scale and tighter ownership.
Read more: Undercurrent News
Image credit: USFWS Mountain Prairie