Gael Force Group is acquiring a majority 75 percent stake in fish farm pen manufacturer Fusion Marine, the companies announced Friday.

The deal, which is of an undisclosed value, is on course to conclude early April, following the completion of normal due diligence.

The companies said they see "an excellent strategic fit" which will ensure they can, by combining their resources and experience, jointly invest "in developing new and innovative products while continuing to provide competitive pricing and high service levels".