Lusca Group announces acquisition of Morton Bahamas Limited
- Aurelien Rowland
- Sep 17
- 2 min read
Lusca Group is pleased to announce that its subsidiary, Grand Bahama Salt Company Ltd, has entered into an agreement to acquire 100% of the shares of Morton Bahamas Limited, the operator of the major solar salt production facility on Great Inagua, The Bahamas.
The facility, the second-largest solar salt operation in North America, positions The Bahamas as a leading source of high-quality solar salt for international markets. Lusca Group will also enter into a long-term supply agreement with Morton Salt USA, securing Morton’s role as an anchor client and ensuring continuity of production and export from Inagua.
Following completion, Lusca Group plans to invest substantially in the facility’s operations, improve efficiency, and expand production capacity. This will include investments in upgrading salt quality on the island, as well as targeted investments into other on-island businesses and the local community.
“Salt has been part of Inagua’s identity for generations, and we fully understand the history and importance of this business to the island,” said Richard Muckle, Director of Lusca Group. “By rebranding and investing in the facility, we aim to honour that legacy while creating sustainable value for both our customers and the local community.”
In parallel, Lusca Group is preparing a broader island-wide development plan, identifying further opportunities to support Inagua’s long-term growth and resilience. This programme, developed in close partnership with stakeholders, will be presented to the Government of The Bahamas in due course.
The transaction remains subject to customary regulatory approvals.
About Lusca Group
Lusca Group is a privately owned industrial investment holding company with offices in The Bahamas and Europe. The Group focuses on strategic investments in physical commodities and infrastructure, building on its experience in storage, logistics, and resource development.
For further information, please visit: www.luscagroup.com
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