# MBD acquires Pacific Reef Fisheries and plans new prawn and seaweed facility

MBD announced it has purchased Pacific Reef Fisheries, including land and permits to construct a new 259-hectare prawn and seaweed production facility at Guthalungra, near Bowen, Australia. The existing 98-hectare Ayr site will continue operations.

- Type: Acquisition
- Announced: 2017-08-28
- Where: Guthalungra, near Bowen, Queensland, Australia
- Status: announced
- Capacity: 259 hectares
- Products: tiger prawns, cobia, seaweed

## Companies

- [MBD](https://endata.com/companies/26566.md) (acquirer)
- [Pacific Reef Fisheries](https://endata.com/companies/26567.md) (target)

## Sources

- [northqueenslandregister.com.au](https://www.northqueenslandregister.com.au/story/4882813/mbd-purchase-and-expand-ayr-prawn-facility/), 2017-08-28: "MBD announced it has purchased the Ayr based tiger prawn and cobia farmer, Pacific Reef Fisheries – including the land and permits needed to construct a new 259 hectare state-of-the-art prawn and seaweed production facility at Guthalungra, near Bowen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.