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Walton-backed equity fund acquires aquaculture R&D firm

An investment firm backed in part by Walmart scions, Cuna del Mar, has acquired leading aquaculture R&D company the Center for Aquaculture Technologies (CAT).

CAT currently operates two laboratories: its research hub in San Diego, California, and state-of-the-art wet lab facilities including biosafety level (BSL 3) containment for aquatic animal pathogens on Prince Edward Island in Canada…

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