Baader Group announced today that it has closed a transaction to take over “certain assets and the business activities” of Seafood Innovations and Seafood Innovations International Group, both based in Australia.
The Australian companies are known for offering equipment to aquaculture clients for stunning and bleeding of fish.
“The businesses of Baader and Seafood Innovations Pty Ltd. / Seafood Innovations International Group Pty Ltd. complement one another effectively with regard to the global presence in the market, the process technology, the developing experience and the customer support so we are delighted to have both under the same roof now,” said Baader CEO Petra Baader.
Both Baader and Seafood Innovations described the move not as a takeover, but as a combination of two companies.
“Baader is a leading and well respected company which continues to develop highly advanced food processing technology,” said Bruce Goodrick, founder and owner of Seafood Innovations and Seafood Innovations International. “The combination of the business activities will make it possible to further develop and implement our technology. I am excited to join the Baader team and to take our products to the next level.”