brand logo

Atman Group invests in Taprobane Seafoods

11 Nov 2021

Taprobane Seafoods, a Sri Lankan seafood company, announced its partnership with the Atman Group with the anticipation of investing in sustainable packaging. The Atman Group is a multi-family office based in Sri Lanka and Asia focusing on emerging investment opportunities across Asia and building strategic partnerships. The company’s business interests include investments in hospitality, leisure, agriculture, real estate, and renewable energy.  Taprobane Seafoods produces premium-quality seafood products for brands such as Whole Foods USA which requires complying with “stringent” quality and sourcing standards. Taprobane is also engaged in pasteurised blue swimming crab and SPF vannamei shrimp and is the driving force behind Sri Lanka’s first-ever eco-recommended fishery and Asia’s first-ever blue swimming crab fishery in Palk Bay and the Gulf of Mannar. “We are pleased to have partnered with the Atman Group as a strategic investor in our company,” said Taprobane Seafoods Managing Director Timothy O’Reilly. “Global trends are indicating a preference for seafood as a healthy alternative and we believe Taprobane Seafoods is ideally positioned to benefit from these consumer trends. We have already invested in growing capacity at over 70% to achieve complete supply chain integration. Given our strong emphasis on sustainability and ethical sourcing, Taprobane Seafoods and the Atman Group can look ahead with optimism,” he added. Established in 2010, Taprobane Seafood has 15 processing facilities, employing over 2,000 direct employees throughout the North Western and Northern Provinces. All the employees who work in the processing plants in the north are women, from the security guard to the supervisors and managers, including war widows who are the breadwinners of their families.


More News..