Aqua Bridge’s business plan for the next day of Avramar Greece is structured around three main pillars, according to information from “N”.
The filing of the reorganization plan for the largest domestic producer in the sector with the Court of First Instance is reportedly in the final stretch, with information indicating that in the last twenty-four hours, continuous coordination meetings have been held between the legal departments of all parties involved (banks, Avramar management and preferred investor).
This is a process that will determine not only the course of Avramar, but also the balance in a highly concentrated sector, where the stability of the market leader inevitably affects the prospects for the Greek aquaculture brand.
According to Aqua Bridge Technical Director Panagiotis Tountas, “at a critical juncture for Greek aquaculture, Aqua Bridge Group confirms its unwavering commitment to the acquisition of Avramar Greece. Since October 2024, when the company was declared as a preferred investor, we remain fully aligned with our commitments, the framework agreement and the protocol with the creditor banks.
Despite any delays, and most recently, due to detailed preparation for the filing of a restructuring plan at the end of November 2025, we are moving forward with stability and transparency.
Throughout this time, we have been working closely with the banks to ensure a safe transition, rejecting any rumors of uncertainty as not representative of reality.”
The preferred investor “sees” the Greek Avramar as a pillar of sustainability, not as a simple transaction, as according to Tountas “this is not just an acquisition – it is a major strategic investment in the future of Avramar with the aim of resilient growth and protection of the sector. We are focused on the commitment to long-term success. With 25 years of expertise in high-temperature fish farming in the Middle East, Aqua Bridge is certain of success, strengthening the highly experienced management and workforce of Avramar Greece, which has built first-class structures and trained generations of employees in Mediterranean countries such as Turkey and Spain.”
In this context, Aqua Bridge’s proposal for the sustainable development continuity of Avramar Greece, according to information from “N”, beyond the financing and restructuring of bank debt, is also based on an expanded production model and a competitive commercial strategy.
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