Aquaculture company Inverlussa has acquired a 60% shareholding in LCL Shipping Ltd, marking a significant step in the company’s long-term growth strategy and strengthening its position within Scotland’s aquaculture supply chain.
Based in Whalasy, Shetland, LCL Shipping is an established marine logistics business specialising in transporting aquaculture feed throughout Shetland. The company has built a strong reputation for reliable service over many years and will continue to operate under the LCL Shipping name.
‘LCL Shipping has built an excellent reputation over many years, and we are delighted to welcome the business into the Inverlussa Group,’ said Inverlussa MD Ben Wilson.
‘This acquisition is about investing for the long term. LCL has a highly experienced team, strong customer relationships and an excellent operational track record. We believe bringing our businesses together creates an even stronger platform to support Scotland’s aquaculture sector.’
As part of the transaction, Inverlussa will assume full day-to-day management of the business, while Biomar Ltd will retain its 40% shareholding.
The acquisition expands Inverlussa’s feed logistics division, strengthens its presence in Shetland and adds a further three vessels to the Group’s owned fleet. While two of these vessels have already been operating under bareboat charter to Inverlussa, bringing LCL Shipping into the Group provides a stronger platform for future investment and growth, complementing Inverlussa’s existing marine services and strengthening the Group’s feed logistics operations across Scotland.
LCL Shipping’s existing crew will remain in place, ensuring continuity of service for customers while benefiting from the additional operational support, resilience and investment that comes from being part of Inverlussa.
‘Shetland is a hugely important part of the Scottish salmon industry, and this investment demonstrates our commitment to the islands and to providing customers with reliable, high-quality marine services for many years to come,’ Ben Wilson said.
