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.
The Paul Hastings team was led by corporate partner Daniel Kim with support from Albert Nah.
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