Tassal expands landholdings with new Fortune deal

Vertically-integrated salmon and seafood business Tassal Group has announced that its wholly-owned subsidiary, De Costi Seafoods, has acquired the land, assets and inventory of the Fortune Group prawn aquaculture business.

Tassal expands landholdings with new Fortune deal Tassal expands landholdings with new Fortune deal Tassal expands landholdings with new Fortune deal Tassal expands landholdings with new Fortune deal Tassal expands landholdings with new Fortune deal

Image courtesy of Fortune Prawns

The Fortune Group comprises three prawn farms located at Yamba, New South Wales, Proserpine, Queensland, and Mission Beach, Queensland.

The company stated that with prawn farming being l...