Takeover closes lid on Coffin Bay oyster firm

Listed Coffin Bay oyster company Angel Seafood has ceased trading on the Australian Securities Exchange after its takeover by Queensland agribusiness fund managers Laguna Bay was formally approved.

Oyster company bounces back from Coffin Bay shutdown

Major South Australian oyster producer Angel Seafood has reported record sales in 2021 despite a four-week closure due to a disease outbreak in the lead up to Christmas that cost it more than $1.7 million in lost sales and refunds.

A Coffin Bay oyster farm. Photo: AAP/Liza Kappelle

Coffin Bay oyster crisis continues

Coffin Bay oyster growers are estimating last week’s product recall due to a spike in gastro cases will cost the industry millions of dollars, prompting a call for government support to prevent local businesses from going under.

Coffin Bay oysters

Takeover closes lid on Coffin Bay oyster firm

Oyster company bounces back from Coffin Bay shutdown

Coffin Bay oyster crisis continues