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Scallop M&A boom

Jeff Davis: Peabody deal is ‘platform’ for more scallop vessel buy-outs

As Bregal Partners reveals Bumble Bee CEO Chris Lischewski is on board of new scallop venture, CEO Jeff Davis says acquisition of eight vessels will be platform for more deals

By Tom Seaman | April 27, 2015 15:00 BST
Jeff Davis: Peabody deal is ‘platform’ for more scallop vessel buy-outs
Atlantic scallop vessels docked in New Bedford Harbor, Massachusetts.
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Shrimp farms owned by Ecuador's Industrial Pesquera Santa Priscila. Credit: Santa Priscila

The deal by Bregal Partners and other investors for US scallop fishing firm Peabody will be a platform for more vessel acquisitions in the sector, said Jeff Davis, who will be CEO of the new company [...]

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