United States-based Amerra Capital on Monday announced the acquisition of a 90 percent stake in Greece's Andromeda Group, from SEEF, a fund advised by Global Finance, for an undisclosed amount.
Andromeda is vertically integrated with operations in seabass and seabream fry production, fish farming and value added processing.
It is the only seabream and seabass producer with production in both the western and eastern Mediterranean regions, accessing more than 120 million customers across Europe, the United States and the Middle East.
Andromeda owners will retain a minority stake in the company following the deal.
Amerra
