Scientists Net Pounds 30m in Far East Deal to Breed Marine Fish in Fresh Water

Summary


A pioneering North Devon research company has sold its South East Asian operation in a Pounds 30 million deal.

Holsworthy-based Diobas - which is behind ground-breaking technology enabling the captive breeding of marine fish in fresh water - has sold Diobas Far East Ltd to a consortium based in Vietnam, Malaysia and Singapore.

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Extract


Scientists Net Pounds 30m in Far East Deal to Breed Marine Fish in Fresh Water

The deal will see Diobas Ltd continue to earn 11 per cent of the Far East company's tur nover.

Company co-founders and directors Steve and F...

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