Sea Harvest reports 86% growth in half year revenue boosted by acquisitions

SOUTH AFRICA – Sea Harvest, a South African seafood and fisheries group, posted 86 percent growth in half year revenues to R1.87bn (US$125.68m), buoyed by its recent acquisitions. During the six months period to end […]

South Africa’s Sea Harvest on a positive 2019 outlook amid aggressive acquisitions

SOUTH AFRICA – Sea Harvest, a South African fishing and food company, said that the group was well positioned for further growth after its 2018 acquisition spree saw its asset surge from US$179.6 million to […]

South Africa’s Sea Harvest seeks to acquire full Maraterram’s stake

SOUTH AFRICA – South African fishing and food company, Sea Harvest, has entered into a binding bid implementation agreement with its 56.3% held Australian subsidiary – Mareterram – to potentially acquire all its ordinary shares […]

Fishing group Sea Harvest to acquire Ladismith Cheese Company for US$36m

SOUTH AFRICA – Fishing Group Sea Harvest plans to diversify its food products portfolio by acquiring a value-adding dairy processing company, Ladismith Cheese for US$36.81 million. With the acquisition, Sea Harvest seeks to boost its […]

Sea Harvest expects 31% decline in profits hit by Viking buyout

SOUTH AFRICA – South African fishing company Sea Harvest expects interim basic earnings a share to decline by 31%, a slowdown attributed to the acquisition of rival Viking Fishing Holdings. For the six months ended […]