April is expected to end without any signatures on the agreement for the transfer of Greece’s leading aquaculture company Avramar to Aqua Bridge.
This is despite the fact that, the CEO of the Arab group, Mohammad Tabish, announced the acquisition of the Greek fish farming company on LinkedIn back in early January.
“The failure to sign the agreement may be to the detriment of Avramar and the industry as a whole, but it is to the benefit of those who continue to receive the so-called management fees,” sources in the know meaningfully point out. These management fees in some cases are well over 5 million euros per year.