Canada-based Marine Harvest was nominated to acquire all assets owned by the Gray Aqua Group of Cos., Canada, which according to multiple sources, filed for bankruptcy in August 2013. The acquisition further broadens Marine Harvest's global farming footprint.
The assets purchased include one hatchery in New Brunswick, two farming licenses in New Brunswick, seven farming licenses in Newfoundland and one processing plant in Newfoundland. Marine Harvest also applied for 17 farming licenses in Newfoundland, which will establish new jobs in the local communities.