Hendrix and Lithgows have signed a Letter of Intent for the acquisition. “We are excited to be able to enter this significant and growing sector,” said Hendrix President Thijs Hendrix. ”Aquaculture is a sustainable and valuable protein source all over the world and we are confident we can bring new and innovative ideas to a company with a long and successful track record in aquaculture. Aquaculture breeding is a natural extension to our existing portfolio.” The acquisition is expected to be complete in the first half of 2011.
Hendrix Genetics to acquire Landcatch, Landcast Natural Selection
Hendrix Genetics B.V. is expanding into aquaculture breeding with the planned acquisitions of Landcatch and Landcatch Natural Selection from Lithgows Limited. Hendrix and Lithgows have signed a Letter of Intent for the acquisition.