Dongwon Industries’ Strategic Investment in Salmon Evolution
Seoul – Paul Hastings LLP, a leading global law firm, announced today that it has advised Dongwon Industries, one of the world’s leading seafood enterprises based in South Korea, on its strategic investment to acquire a minority stake in Salmon Evolution.
Under the terms of the agreement, Dongwon Industries and Salmon Evolution further plan to enter into a partnership to jointly construct and operate a land-based fish farm in Korea utilizing Salmon Evolution’s technology.
Dongwon Industries is a global top-tier seafood company and the number one salmon trader in Korea. Salmon Evolution is a land-based farming operator transferring the preconditions offered by the sea to farm fish on land.
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