UK-based veterinary health group Benchmark Holdings on Friday announced it will acquire the entire share capital of salmon genetics and breeding group SalmoBreed and a controlling interest in Icelandic egg producer Stonfiskur and merge the groups into what would be a powerhouse in salmon egg production and aquaculture breeding.
Benchmark will raise approximating £70 million (€88.5 million/$109.6 million) in a share placement on the UK Alternative Investment Market (AIM) to fund the acquisitions and create a new division for the company, Benchmark Genetics Limited.
The
