Can Thai Union, Bumble Bee tie-up reverse US tuna consumption decline?

Deal will give Thai Union greater exposure in higher margin tuna products, such as albacore, as well as opening to strip costs out of combining Bumble Bee and Chicken of the Sea’s operations, allowing for more investment in innovation Continue reading

Marine Harvest Scotland’s biological issues leave salmon processors short

Biological problems with lice for UK’s largest producer leaves processors with small salmon in run-up to Christmas, with some looking to buy on spot left with no fish at all Continue reading

2014 M&A reflections: Strategic seafood players outcompete PE firms on deals

PE firm involvement in US seafood M&A grew this year, but still these consolidators were far less successful than strategic players, notes KeyBanc VP Larsen Mettler Continue reading

US retailers banging out shrimp for the holidays, as promotional volume, prices both up significantly

It looks like US retailers have made a big bet on shrimp for the holidays, and the implications are very positive for US shrimp importers going into 2015
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Record Dungeness prices hit as processors await China holiday buy season

Chinese, domestic demand coupled with expectations of lower supply are supporting prices as thirty-foot waves and storm winds hit the Oregon Dungeness crab fishery  Continue reading

King Oscar ends US distribution agreement with Bumble Bee

King Oscar now using parent Thai Union’s Chicken of the Sea distribution network in the US after ending agreement with Bumble Bee, which Thai firm is reportedly trying to buy  Continue reading