Following Thursday's successful listing on the Johannesburg Stock Exchange (JSE), in which it raised ZAR 1.33 billion (€99.1 million/$106.9 million), South African fishing giant Sea Harvest is now primed to implement its “aggressive” growth strategy in both South Africa and Australia.
"It’s been on the cards for a long time and was a very proud moment,” the Sea Harvest CEO Felix Ratheb told IntraFish.
In preparation, the company invested serious money over the past couple of years, purchasing a new vessel, refurbishing another freezer trawler, upgrading its factories as well as buying a business in Australia.
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