Agribusiness group Craig Mostyn is making big strides in the seafood sector with the acquisition of Australia's biggest abalone farm Jade Tiger Abalone, and it has no plans to slow down, with a new acquisition deal already in the making.
"I can't share any details, but a new acquisition is already in the works," Peter James, general manager seafood at Craig Mostyn, told IntraFish.
The AUD 20 million (€13.7 million/$18.7 million) investment in Jade Tiger Abalone -- aimed at the premium seafood markets in Asia -- is the group's first major push into the aquaculture sector, despite a 50-year foothold in the seafood business.
The
