Rope grown mussel producer and supplier SI Seafarms has been bought by Blueshell Mussels. Blueshell made an offer to all 78 shareholders of SI Seafarms to purchase the entire share capital of company.
Based in Shetland, Blueshell Mussels is the UK’s leading rope-grown mussel producer and operates the largest rope-grown mussel farm in the UK.
Shoosmiths corporate team was led by partner Stuart Murray and was assisted by associate Jen Paton and solicitor Alexander Lamley. The team advised on the legal aspects of the transaction including the process to be followed when issuing a recommended cash offer, which was ultimately issued to the shareholders.
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