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Seafarms Group Limited ( (AU:SFG) ) has shared an announcement.
Seafarms Group Limited has announced that it will acquire all assets and undertakings of Project Sea Dragon Pty Ltd, following a unanimous resolution by the creditors meeting. This acquisition marks a significant step in Seafarms’ expansion and development efforts, potentially strengthening its position in the aquaculture industry and providing new opportunities for investment and growth.
More about Seafarms Group Limited
Seafarms Group Limited is a sustainable aquaculture company known for producing premium Crystal Bay® Prawns. The company is also involved in developing the Project Sea Dragon prawn aquaculture project in northern Australia.
Current Market Cap: A$14.51M
Learn more about SFG stock on TipRanks’ Stock Analysis page.