Whole Oceans parent company Emergent Holdings finalized a 15-year lease with land-based salmon farmer Kuterra for access to its salmon production.
Kuterra has been growing Atlantic salmon on Canada's west coast since 2013 and recently had a successful harvest of sushi-grade salmon for commercial sale under Emergent Holdings and Whole Oceans.
“This will be a smooth transition as Emergent Holdings and Whole Oceans have been financially and operationally managing the facility for the past year," said Emergent Holdings CEO Jacob Bartlett. "Emergent Holdings and Whole Oceans look to bring advancements in technology to Kuterra to make it more effective, productive and stable.”
"Given Kuterra ’s successful proof of concept along with experienced staff, Whole Oceans stands to gain valuable insights and synergies to advance the company’s workforce training and will also benefit from the technological and marketing expertise of Kuterra.”