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Thursday / September 5. 2024
HomeLive StockAcquacultureTassal acquires ocean-based barramundi farm in Australia

Tassal acquires ocean-based barramundi farm in Australia

MPA Fish Farms operates the only ocean-based barramundi farm in Australia, located at Cone Bay

Tassal has recently acquired MPA Fish Farms and MPA Marketing, which operates the only ocean-based barramundi farm in Australia, located at Cone Bay. Tassal is Australia’s largest seafood grower, processor, marketer, and seller, employing almost 2,000 people across the country.

The company is now part of Cooke Inc, a global aquaculture and seafood family of companies that produce salmon, sea bass, shrimp/prawns, and harvest various wild fisheries species.

Mark Ryan, Tassal’s managing director and CEO, expressed excitement about including Australian ocean-farmed barramundi in their business, adding that they have successfully turned around the salmon and prawn industries in Australia and have the skills to do the same for MPA companies and the wider barramundi industry in Australia.

MPA currently produces around 1,600 tonnes of barramundi annually in Australia. Once operations are consolidated, Tassal plans to explore growth opportunities, creating more job opportunities in Northern WA.

Western Australia’s fisheries minister, Don Punch, has welcomed the acquisition, recognising aquaculture as one of the world’s fastest-growing food production sectors and an important contributor to WA’s food industries, job creation, and economic diversification.

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