- CEO
- Mark Andrew Ryan CA, FAIM, MAICD
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- Marine Board Building Hobart TAS Australia 7000
- IPO Date
- Jan 10, 2007
- Business
- Tassal Group Limited (TSLLF) is Australia's largest vertically integrated aquaculture company, specializing in the farming, processing, and marketing of premium seafood products including Tasmanian Atlantic salmon, ocean-grown barramundi, Australian tiger prawns, and other seafood items; it offers these through fresh, portioned, smoked, and value-added formats such as ready-to-cook meals for retail, foodservice, and export markets primarily in Australia, Asia, and globally. Founded in 1986 and headquartered at 1 Franklin Wharf in Hobart, Tasmania, the company operates across multiple Australian states including Tasmania for salmon, Queensland for prawns, and Western Australia for barramundi expansion, employing over 1,700 people with a focus on sustainable practices certified by Aquaculture Stewardship Council standards. A subsidiary of Cooke Inc. since its acquisition in November 2022 for approximately AUD 1.1 billion, Tassal continues to prioritize environmental responsibility, becoming the first Australian aquaculture firm to set science-based sustainability targets and securing a pioneering AUD 497 million sustainability-linked loan in 2022 to reduce emissions and enhance feed efficiency. Recent developments include the acquisition of Australia's only ocean-grown barramundi farm, the launch of a state-of-the-art barramundi nursery in Broome backed by a AUD 65 million investment and Western Australia government support, a significant partnership with Mayala for Indigenous collaboration, and wins at Sustainable Seafood Week 2024, alongside the release of its 2024 Sustainability Report detailing progress in fish welfare, antibiotic reduction via real-time dashboards, and barramundi brand integration.