Wanchese Fish Company will receive USD 248,000 through the Spanberger Governor's Blue Catfish Processing, Flash Freezing, and Infrastructure Grant Program.
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 company is investing GBP 20m plus to transform its salmon hatchery in Cairndow, currently using a traditional flow-through system, into a state-of-the-art RAS facility.
High Liner Foods, through its High Liner Foodservice division, operates in Canada, the U.S., and Mexico, and holds a strong position for both foodservice and retail channels.
