Benchmark Holding PLC recently announced the acquisition of Norwegian-based aquaculture genetics and research company Akvaforsk Genetics Centre AS (AFGC) and US-based Spring Genetics.
AFGC has a strong aquaculture genetics teams and is a leading provider of technical genetic services across many aquaculture species in Norway, Canada, Thailand, China, and the USA.
Spring Genetics, which is based in Miami and Mazatlan, Mexico, is one of a handful of independent tilapia breeding companies; its tilapia strain is marketed under the brand Spring Tilapia®.
Benchmark Chief Executive, Malcolm Pye, noted that, “This deal is an opportunity for Benchmark to further advance its position in the aquaculture genetics and breeding sector. The acquisitions bolster our recognized status in the salmon genetics space, and moves Benchmark into the rapidly growing tilapia market.”