Maj Invest aims to have completed its sale of Vega Salmon -- the latest in a succession of salmon smokers to go up for grabs -- by the summer Continue reading
Tag Archives: M&A
Recent M&A activity shows Mowi could be challenged after prolonged dominance
Mowi recently bought a small farmer to optimize its farming business in northern Norway. NTS, a fast-growing player in salmon, also bought Salmonor Continue reading
Denmark’s Astrid Fiskeri swaps vessels with Norwegian firm as part of fleet overhaul
The pelagics company has sold the 'Astrid' to Norway's Traal, and bought in the 'Heroyfjord' in return, which will fish until its under-construction newbuild joins the firm Continue reading
Bornstein’s Larsen to head foreign sales for Peter Pan
Kevin Larsen joins Peter Pan from Bellingham, Washington-based Bornstein Seafoods where he has served as its vice president of sales and business development since June 2017 Continue reading
Clearwater was sold to ‘right owners for long-term success’, ex-shareholder believes
CFFI Ventures president Stan Spavold told Undercurrent News that he believes the recent sale of Clearwater Seafoods is in the company's best long-term interest
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Cheap capital fuels M&A push but deals are getting pricier, Cooke says
With more institutional capital from sources such as private equities and pension funds getting into seafood, company valuations are getting more expensive
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Premium CEO rules out move into US seafood distribution
Having national seafood distribution in Canada has allowed Premium Brand Holdings to grow its overall business in the sector, CEO George Paleologue said Continue reading
Under Premium, Clearwater set to rebalance some Asia sales to US, value-added
'We love to talk about value-added and branded opportunities in anything with do. There will be lots of discussions with regard to that with Clearwater' - Premium CEO George Paleologou
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With decades to wait for cash-flow, First Nations bet on Clearwater’s growth
'We view our investment as a long-term investment, and we want to ensure Clearwater is in a position for continued long-term growth and profitability for generations' -- Membertou First Nation Continue reading
Spain’s Congalsa snaps up Portuguese processor
Spanish pre-cooked and frozen seafood procesor Congalsa has acquired Portuguese competitor Sulpasteis to strengthen its international presence Continue reading
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