Cuna del Mar’s credentials as an investor in aquaculture projects are seen as a major advantage by senior executives at the Center for Aquaculture Technologies (CAT).

Walton family-backed Cuna del Mar’s move to acquire CAT from Linnaeus Capital Partners for an undisclosed fee was unveiled on Wednesday.

CAT Vice President of Research Debbie Plouffe told IntraFish the fact that Cuna del Mar is an investment firm focused on supporting development in sustainable aquaculture should be of great benefit.

This is seen as vital in a sector in which the company has to adapt to a constantly changing environment and client needs.