Barramundi Asia to acquire deep tech startup Allegro Aqua
Add BT as a preferred source
Claudia Chong
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE-BASED Barramundi Asia, which operates the largest barramundi farms in Singapore and Australia, is acquiring deep tech startup Allegro Aqua as it hones in on the study of fish genetics to boost production.
Allegro Aqua, a startup by scientists from the Temasek Life Sciences Laboratory (TLL), will be 100 per cent owned by Barramundi Asia in a cash and share swap transaction, Barramundi CEO Andreas von Scholten told The Business Times. He declined to reveal the deal value.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
