One of the most lauded land-based aquaculture companies may get a new lease on life if a pending deal to acquire the group comes through.
Canadian property developer Upcountry Properties Group, which owns and operates trout farming and hatchery company Miracle Springs, has signed a letter of intent to acquire struggling land-based farmed coho producer SweetSpring, and the deal could be finalized as soon as late next month, sources close to the negotiation told IntraFish.
Earlier this year, SweetSpring Chairman Phillip David said the company's future was uncertain because it was in the process of selling off equipment, downsizing staff and re-examining whether it could be profitable.
Since
