Sea Harvest’s latest bid to purchase the remaining 56,3% shareholding in listed Australian subsidiary, Mareterram Limited, is a strategic move by the Group which has been on an acquisition trail for some time.
The organisation’s wholly owned subsidiary Sea Harvest International Proprietary Limited (SHI), has entered into the bid implementation agreement which according to Sea Harvest Group CEO, Felix Ratheb, will enable it to extract operational synergies, whilst supporting Mareterram’s growth strategy.