Cooke Aquaculture Scotland, a subsidiary of Cooke Aquaculture Inc., on Thursday announced it acquired all of the shares of Thompson Bros. Salmon Limited, a salmon farming company located on the island of Yell, North East on Shetland, United Kingdom.
The deal adds two farm sites to Cooke Aquaculture Scotland’s operations, located adjacent to Cooke’s existing facilities at Unst and Yell -- two of the company's best performing areas.
Following the transaction, Cooke will own all the farms in the area.
“That will allow us to coordinate management for the entire area and enhance our ability to meet a growing demand for our products," CEO Glenn Cooke said of the deal.
"We
