Tasmanian salmon is Australia’s largest aquaculture industry and is one of "Tasmania's success stories," according to Jo Palmer, the country's minister for primary industries and water. It's a success story companies around the world are now vying to own a piece of.

On Tuesday, Canada-based seafood giant Cooke finally reached an agreement to acquire all outstanding shares in Australian salmon farmer Tassal after two attempts to acquire the company were rebuffed.

"It seems as if there’s been a scramble for aquaculture in Australia," Sam Baker, a wealth analyst at Australia's Shadforth Financial Group, told IntraFish.