Seafood
South Korea's seafood exports reached an all-time high of $3.33 billion last year, driven by rising demand for dried seaweed products. The figure marks a 9.7 percent increase from 2024, according to government data.
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Sea Harvest has agreed to sell its dairy subsidiary, Ladismith Cheese, to Fairfield Dairy, a unit of Woodlands Dairy, for up to R850 million in cash. The deal aims to reduce debt and refocus the company on its core seafood operations. Woodlands Dairy will expand its production capabilities and national presence through the acquisition.