Dongwon Industries’ Strategic Investment In Salmon Evolution

Paul Hastings LLP advised Dongwon Industries on the deal.

Dongwon Industries, one of the world’s leading seafood enterprises based in South Korea, completed a 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 (Picture) with support from Albert Nah.

Involved fees earner: Daniel Kim – Paul Hastings; Albert Nah – Paul Hastings;

Law Firms: Paul Hastings;

Clients: Dongwon Industries;

Author: Michael Patrini