TGR on Australian Securities Exchange

Tassal

Logo: http://www.tassal.com.au/, Non-free logo, via Wikipedia3

Tasmanian-based Australian salmon farming company

Tassal is a Canadian-owned aquaculture company with its main operations based in Tasmania. It was founded in 1986 and listed on the Australian Securities Exchange (ASX) from 2003 until 2022. Tassal is the largest producer of Tasmanian grown Atlantic salmon, supplying salmon to both domestic and international markets.2 It is part of Cooke Inc.1 Its shares trade on Australian Securities Exchange under the symbol TGR.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 20, 2026.

Overview

1986Founded1

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  • TickerTGR on Australian Securities Exchange1
  • Industryaquaculture, salmon culture1
  • HeadquartersHobart1
  • Websitewww.tassal.com.au
  • Legal formpublic company1

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Tassal is a Canadian-owned aquaculture company with its main operations based in Tasmania. It was founded in 1986 and listed on the Australian Securities Exchange (ASX) from 2003 until 2022. Tassal is the largest producer of Tasmanian grown Atlantic salmon, supplying salmon to both domestic and international markets. In November 2022, it was acquired by Canadian seafood company Cooke Inc. and delisted from the ASX.2

Corporate structure

Tassal is part of a group headed by Cooke Inc.. 9 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Cooke Inc. Saint John, New Brunswick, Canada
    • Tassal Hobart
    • Bioriginal Subsidiary · Saskatoon
    • Icicle Seafoods Subsidiary
    • Omega Protein Subsidiary · Reedville, Virginia, United States
      • Bioriginal Europe/Asia B.V. Subsidiary · 100% · Den Bommel, Netherlands
    • Cooke Aquaculture Scotland Limited Subsidiary · Glasgow, United Kingdom
    • MORUBEL Subsidiary · Oostende, Belgium
    • Shoreland Transport Inc. Subsidiary · Saint-John, New Brunswick, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

Products and brands

Operations

As of 30 June 2021, Tassal employed a total of 1,712 people, with over 1,000 in Tasmania, 430 in NSW and 200 in Queensland.

Seafood and prawns

Operations in Queensland are focused on farming prawns. NSW operations also support the processing and distribution of seafood products other than salmon.

Northern Prawn Fishery - Xanadu

Mission Beach, Queensland - Prawn farm, hatchery & processing facility

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Gregory River, Queensland - Prawn farm, hatchery & processing facility

Exmoor Station, Queensland - Aquaculture Development Area

Yamba, New South Wales - Prawn farm & processing facility

Lidcombe, New South Wales - Seafood processing facility

Marine farming zones

Tassal has five marine farming zones, where the standard pen has a volume of 11,600 cubic metres and holds enough salmon to produce 120 tonnes once harvested. Salmon are kept in these large sea cages between 12 and 18 months and continue to grow until they are ready to be harvested at an average weight of 5.0 kg live weight.

Eastern Zone, Okehampton Bay & Port Arthur

Channel Zone, D'Entrecasteaux Channel

Southern Zone, Dover & Huon River

Western Zone, Macquarie Harbour

Storm Bay Zone, Nubeena & West of Wedge

Freshwater hatcheries

Tassal operates two hatcheries, with a third to be developed, it also has access to the selective breeding program operated by SALTAS on behalf of the Salmon industry in Tasmania.

Combined, they have the capacity to produce ten million smolt a year. These smolt come from broodstock from a Tasmanian-based industry selective breeding program. The Rookwood Road Hatchery and Nursery underwent an expansion in April 2016 to make it the biggest land-based salmon nursery in Australia with the capacity to produce approximately 8 million smolt per year. After 8–12 months at Rookwood Nursery, the smolt are transferred to sea.

Rookwood I & II Ranelagh

Russell Falls & Karanja Mount Field

SALTAS (industry hatchery) Wayatinah

HRAS (future development), Hamilton

Processing facilities

Tassal has four processing facilities, including a smokehouse, one retail outlet and a mobile salmon truck.

Huonville, Salmon processing

Margate, Salmon processing

Dover, Salmon processing

Triabunna, Rendering facility

Brands

Tassal owns several brands, including:

Tassal

Superior Gold

Tasmanian Smokehouse

De Costi Seafoods

Aquatas

Salamanca Seafood Company

From Wikipedia’s article on Tassal, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

From Wikidata.1

Acquisitions

On 1 February 2005, Tassal acquired Aquatas from Webster.

On 31 December 2007, Tassal announced it was acquiring the assets and intellectual property of Superior Gold from the King Island Company, a wholly owned subsidiary of National Foods, for $26.5m.

On 1 July 2015, Tassal announced the acquisition of DeCosti Seafoods.

In September 2018, De Costi Seafoods, a wholly owned subsidiary of Tassal Group, acquired the land, assets and inventory of the Fortune Group prawn aquaculture business.

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On 16 August 2022, Tassal Group was acquired by the Canadian aquaculture company Cooke Inc. at 5.23 Australian dollars per share, or a total of 1.7 billion Australian dollars (1.19 billion US dollars). This was the third, highest offer Cooke Inc. made to Tassal.

From Wikipedia’s article on Tassal, shared under CC BY-SA 4.0.4

Timeline

  1. Nov 12, 2003Went public Listed on Australian Securities Exchange1
  2. 1986Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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