December 2024
Tentacles out at Fremantle Octopus with Kidder Williams on the scene
Fremantle Octopus owns about half of the licences in the WA Octopus Fishery, but it doesn’t have the cash to put most of them to use.
October 2024
Unlikely winners of ATO’s R&D tax rules
The tax office’s first transparency report on R&D tax credits reveals the unlikely winners of the system.
Raptis Seafood out to reel in strategic investor; taps Kidder Williams
The sixty-year old family-owned seafood company turns over $90 million revenue per annum.
June 2024
Big salmon hooks a sick media industry
Swaths of the Tasmanian media market have been gobbled up by a Liberal-linked PR firm. Its most recent client is the powerful salmon industry.
June 2023
Bubs Australia brings in Kidder Williams, seeking strategic advice
There’s been plenty of instability at the producer of infant formula with the departure of its chairman, Dennis Lin, and chief executive, Kristy Carr.
May 2023
Kidder Williams aims to turn Pure Foods into the next Tassal
The ASX-listed producer of salmon, seafood, ice-cream and potatoes, aims to reach $100 million in revenue, a step-up from the $10 million it is now generating.
March 2023
Buyers circling for a bite of battling food groups
The share prices of a string of groups including Vegemite owner Bega Cheese and Costa are down by 25 per cent or more, increasing the prospect of more buyouts in the sector.
February 2023
Seafarms Group pulls funding plug on giant prawn project
Trading in Seafarms Group shares suspended after its board tips a giant prawn farming project into voluntary administration.
October 2022
Cooke Inc signs up DNB, Rabobank for Tassal funding
Canada’s Cooke Inc has turned to one of Norway’s biggest banks to help bankroll its Tassal bid.
August 2022
Kingfish farmer catches up as Japanese production takes big hit
Australian yellowtail kingfish farmer Clean Seas is in the rare position of reaping higher prices while its production costs fall.
Why Cooke was hooked on Tassal
Canada’s Cooke Inc wanted more than just salmon and prawn farms when it kept casting out bigger offers for Tassal Group.
Canadian suitor lands Tassal with $1.1b offer
Cooke Inc. has finally won over the salmon farmer’s board after losing out to Brazil’s JBS in last year’s fight for rival Huon Aquaculture.
Cooke lands big fish Tassal for $1.1 billion, no need for protracted DD
Canada’s Cooke consummated the deal after years of flirting with the Australian salmon farmer.
July 2022
Canaccord’s turn to Cooke up a Tassal stake
Cooke Inc has tapped a fellow Canadian to help reel in Australia’s $1 billion salmon producer Tassal Group.
June 2022
Salmon group Tassal in a sweet spot, says CEO
Mark Ryan has been running the Tasmanian group since 2003 and says it’s in a neat position now with heavy capital spending behind it.
Tassal rejects $1b bid from Canada’s Cooke
The Tasmanian government wants no net increase in offshore salmon farming leases in a 10-year-plan for the industry from January 1.
Tassal entry is not Cooke’s first rodeo
Cooke was lurking at salmon producer Tassal Group years ago, but never pulled the trigger.
Canadian seafood bigwig Cooke drops a line in at Tassal
Australia’s biggest salmon farmer is in the crosshairs of a major North American player.
Former Tassal Group owner David Williams back for second helping
Melbourne dealmaker David Williams is lurking on Tassal Group’s share register. The question is why.
February 2022
What we learnt: The great juggle between costs and growth has begun
Whether you’re selling toilets (GWA), salmon (Tassal), advertising (Seven West Media and Seek) or scrap metals (Sims) demand is rising. But so are costs.