Barramundi Asia finalizes take-over of Allegro Aqua

March 20, 2020

In January, Singapore-based Barramundi Asia (BA) announced the acquisition of Temasek Life Sciences Laboratory’s Allegro Aqua. Allegro Aqua is a startup that invested 15 years creating an elite strain of barramundi called St John’s Sea Bass. “The deal was concluded on March 12,” BA’s CEO Andreas von Scholton told Asian Agribiz. Mr von Scholton said the acquisition is part of BA’s expansion plan to become a fully integrated barramundi aquaculture company as well as a frontrunner in the deep tech aquaculture space.