January 29, 2020
Sealord buys out Tasmanian salmon partner
Sealord Group has bought the remaining 50 percent shareholding of Tasmanian salmon producer, Petuna Aquaculture, from founders Peter and Una Rockliff.
Sealord bought half the company in 2010 when it entered into a joint venture agreement.
The Rockliffs established the business in the early 1990s growing ocean trout and Tasmanian Atlantic salmon at Macquarie Harbour.
Sealord chief executive officer, Steve Yung says the company intends to use its full ownership of Petuna to build a second platform to complement its core deep sea fishing business.
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