1998: Andromeda S.A. is founded
2001: Phase One of Andromeda's genetic selection program is launched
2001-2006: Andromeda is ranked among the leading aquaculture companies in Greece with consistent growth and superior results throughout the period
2006: SEEF, a fund advised by Global Finance, acquires a majority stake in Andromeda. Phase Two of Andromeda's genetic selection program is launched
2007: Strategic investment in a Sea Park and packaging facility in Igoumenitsa the nearest Greek port to Italy
2008: Phase Three of Andromeda's genetic selection program is launched. Investment in a second hatchery in Western Greece. Initiation of the ‘Mediterranean project' with the acquisition of Acuimar Group in Spain.
2009: Acquisition of Niordseas SL in Spain.
2010: Acquisition of Piscimar in Spain.
2011: Acquisition of Kalypso, Sargonaftes and Hydrokosmos in Greece. Strategic agreement with Maremar in Spain.
2016: Amerra Capital Management LLC acquires Andromeda Group and sets new growth targets.
2019: Andromeda Seafood Group announces the closing of the purchase of Nireus SA and Selonda SA. The transaction includes the participation of Mubadala Investment Company as a shareholder in the combined business, together with AMERRA Capital Management LLC.
The combination of Andromeda, Nireus and Selonda will create a significant Mediterranean aquaculture player in sea bream and sea bass production.
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