More

    Australian barramundi company purchases a 1,100-acre fish farm in Arizona

    MainStream Aquaculture has purchased a 1,100-acre fish farm in Arizona, USA. Thereby, the producer and supplier of Barramundi will expand its growing portfolio to include domestic production in the USA market.

    Therefore, this is the first international acquisition for MainStream. The company has confirmed it will be a major step forward in its core long-term objective to globalize its sustainable seafood business model.

    - Advertisement -

    Firstly, MainStream projects include three hatcheries. They will supply the global barramundi industry with exports to 27 countries across 5 continents.

    Secondly, two state of the art urban farms based in Melbourne, Australia, which use proprietary closed containment aquaculture technology. It raieses barramundi in pristine spring water.

    Also, three Queensland-based saltwater pond farming sites. Two Innisfail farms are nestled between the world heritage Wooroonooran Rainforest and the Great Barrier Reef. Along with a Port Douglas farm located near the world’s oldest rainforest, the Daintree.

    Finally, the new farming site in Arizona is a desert oasis with pristine natural water sources. The USA business will operate as a wholly-owned subsidiary of the MainStream Aquaculture Group.

    Boris Musa, MainStream Aquaculture Group MD and CEO, said about the acquisition: “We are immensely proud to expand our operations in the USA after several years of market testing the product and operating a pilot-scale Barramundi farm in Arizona.”

    - Advertisement -

    “By applying the capabilities we have developed over 20 years in Australia, we are confident the venture will establish Barramundi as a premium, sustainable, ethically produced, and widely appealing white fish in the USA,” he concluded.

    - Advertisement -

    Share this article

    Similar articles

    Advertisement

    Similar articles

    The Kingfish Company reports sales grew by 90% and a 25% price increase for large fish

    The Kingfish Company has reported a sales increase of 90%...

    Mowi acquires 51.28% of the shares in Arctic Fish

    Mowi has acquired 51.28% of the shares in Arctic Fish....

    Ohad Maiman steps aside but doesn’t go far

    On the first day of November, The Kingfish Company made...

    Similar articles

    Hot stories

    ×

    You have of 3 free articles remaining.

    Stay informed with your WeAreAquaculture membership. News, insight, exclusive interviews, analysis and members-only content. Subscribe for unlimited access.