Blue Star Foods Corp. Completes Acquisition of Taste of BC Aquafarms

Miami — Blue Star Foods Corp., an integrated environmental, social and governance (ESG) seafood company, announced today that it has completed the acquisition of Taste of BC Aquafarms, Inc., a family-owned and operated land-based recirculating aquaculture systems (RAS) salmon farming operation, based in Nanaimo, British Columbia, Canada.

“We believe that RAS is the future of our industry and a win-win for all the stakeholders involved in a seafood supply chain that is sustainable over the long-term,” said John Keeler, CEO of Blue Star Foods Corp. “We are excited to complete the acquisition of Taste of BC Aquafarms and to partner with the Atkinson family, who are pioneers in RAS farming for over a decade. They’ve built a proven and scalable model, and we are excited to strategically fund their next level of growth and use our sales platform to market their delicious, sashimi-grade, steelhead salmon.

"We have as an internal company goal to be producing 21,000 metric tons of product by 2028. Our job is to get the resources for Ben Atkinson and his team to scale their existing technology and proven methodology to get to those numbers. One of the things you are going to be hearing from us in the future, is that Taste of BC is producing more RAS steelhead salmon that is being consumed in the marketplace than many of our publicly traded peers. We believe that when properly resourced, we are more likely to hit our production goals than other folks.”