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The agreement is for the acquisition of Avramar Greece's debt, but upon closing, the Canadian family-owned company will also acquire operational control.

The program will run in Greece until June 18, 2023, and seeks to empower and support young women in aquaculture and to recognize their contribution.

Innovasea has acquired Aquanetix, an aquaculture software company based in the UK. Terms of the deal were not disclosed; however, the company explained that it was moving to Greece.

"Their proven track records and deep expertise make them ideally positioned to help drive our next phase of growth," Tim Stone, Innovasea VP.

Anna Pyć takes over the presidency from Lara Barazi-Geroulanou, who served in the role for six years.