Australian salmon and shrimp farmer Tassal has acquired an 800-hectare property that will allow it to develop future shrimp production.

Mid Farm in Australia's northeastern state of Queensland neighbors Tassal's existing Proserpine shrimp farm and Billy Creek property and will allow for further pond production capacity, increased operational efficiencies and effective best practice biosecurity measures.

"Securing Mid Farm ... creates the potential to substantially improve operational aspects for the whole Proserpine farming precinct," said CEO Mark Ryan.