Finance

Blue Star Foods buys assets of company using land-based technology to farm crab

It is the company's third acquisition in two years, and the second using a recirculating aquaculture system (RAS).

The acquisition of Gault Seafood is part of Blue Star Foods Corp's acquisition strategy, which is to acquire new innovative technologies or companies that diversify its offering of marine protein species, said John Keeler, CEO of Blue Star.
The acquisition of Gault Seafood is part of Blue Star Foods Corp's acquisition strategy, which is to acquire new innovative technologies or companies that diversify its offering of marine protein species, said John Keeler, CEO of Blue Star.Photo: Blue Star Foods
Published 14 December 2021, 23:27Updated 15 December 2021, 13:31
Blue Star FoodsCrabLand-based aquacultureRecirculating Aquaculture Systems (RAS)Mergers & Acquisitions