Quietly, quietly a new sea bass and sea bream powerhouse emerged in the Mediterranean. It’s not Selonda and it’s not Nireus: it’s Andromeda Group.

The company, which has been owned by private equity management company Amerra Capital since May 2016, is the fastest-growing group among southern Europe’s aquaculture sector. It cemented its position this week with the acquisition of majority stakes in Greece's two biggest producers.

The deal, which is also backed by Abu Dhabi wealth fund Mubadala Investment Company, isn't expected to finalize until the end of the year but executives I spoke to this week already called it a "milestone" for the country's aquaculture industry.