Australis Aquaculture, LLC is an award-winning provider of delicious, healthy, sustainable seafood marketed under the banner of The Better Fish® - Better Tasting, Better For You, Better For Our Environment. Our company spearheaded the introduction of Barramundi in North America and has proudly seen it grow from a favorite in Australia into an international culinary trend.
Starting with our revolutionary, indoor aquaculture system in Massachusetts, Australis’ innovative farming practices address all of the major environmental challenges facing fish farming. Such innovations are helping the aquaculture industry reach its potential as a sustainable alternative to diminishing wild fisheries, and have propelled Australis to become a recognized leader in the sustainable aquaculture movement.
In March 2009 WM Capital, from TX, bought the hatchery and farming operations in Massachusetts and Vietnam from Australis Aquaculture in Australia (former AAQ Holdings Limited).
The acquisition was completed under the terms of a voluntary administration proceeding administered by WHK Horwath in Perth, Australia. Australis will remain an Australian Securities Exchange-listed entity.
The transaction provides the necessary growth capital to increase the fish's presence at retail while also moving the investor base of the company, which will still operate with the Australis name.
Australis raises barramundi in a closed-containment farm in Turners Falls, Mass., and at farms in Viet Nam.