Merger • Agriculture

Selonda Acquires Dias

On April 4, 2013, Selonda acquired agriculture company Dias from Tethys Ocean

Acquisition Context
  • This is Selonda’s 1st transaction in the Agriculture sector.
  • This is Selonda’s 1st transaction in Greece.

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M&A Deal Summary

Date April 4, 2013
Target Dias
Sector Agriculture
Buyer(s) Selonda
Sellers(s) Tethys Ocean
Deal Type Merger

Target Company

Dias

Mandra-Idilias, Greece
Dias is sea bass and sea bream producers. Dias operates hatcheries, fish farming sites, packaging and distribution centers, and fish-processing factories.
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Buyer Overview 1

Buyer

Selonda

Marousi , Greece

Category Company
Sector Agriculture
DESCRIPTION

Selonda engages in the production, cultivation, and distribution of Sea Bream and Sea Bass.


Deal Context for Buyer #
Overall 1 of 1
Sector: Agriculture 1 of 1
Type: Merger 1 of 1
Country: Greece 1 of 1
Year: 2013 1 of 1

Seller Profile 1

SELLER

Tethys Ocean

Amsterdam, Netherlands

Category Company
Founded 2011
Sector Agriculture
DESCRIPTION

Tethys Ocean is the aquaculture division formed to acquire aqua companies like Dias, Selonda, Nireus, Anglesey Aquaculture Ltd, Grow Fish Anywhere Ltd, Acqua Bounty, Inc. Tethys Ocean is based in Amsterdam, Netherlands.


Deal Context for Seller #
Overall 1 of 1
Sector: Agriculture 1 of 1
Type: Merger 1 of 1
Country: Greece 1 of 1
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-20 Anglesey Aquaculture

Anglesey, United Kingdom

he only producer of sea bass in the UK operating a state-of-the-art land based recirculation farm in Anglesey, North Wales with an annual production capacity of 1,000 tonnes.

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