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Canadian Company Closes Deal in Northern Scotland
date:May 21, 2014
Canada-based Cooke Aquaculture has completed the acquisition of Meridian Salmon Farms, a leading Scottish salmon farming company, from Marine Harvest, the Norwegian seafood group.

With operations in Shetland and the Orkney Islands and in the mainland of Scotland, Meridian generated revenues in 2013 of C$151.3 million (82 million) and a corresponding EBITDA of C$44.3 million. The company is highly profitable and expects a significant EBITDA increase going forward.

We believe this investment in

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