Premium Brands has returned to dealmaking in the seafood sector, revealing the acquisition of a Quebec supplier in its Q3 results, which were held back by Maine lobster catches Continue reading
Tag Archives: Mergers and Acquisitions
Jordan Mazzetta’s Eddie M’s snaps up American Fish & Seafood
US seafood importer and processor Eddie M's, owned by Jordan Mazzetta, has acquired the assets of American Fish & Seafood, uniting two Midwest-based firms Continue reading
New RAS facility to propel Pacifico’s global striped bass market expansion
Recent funding sets the stage for increased production and new market opportunities Continue reading
Canastras close to deal for Blue Harvest’s groundfish vessels, permits
Assuming their financials pass muster, the family that started the 29-year-old New Bedford seafood auction looks poised to become one of the most powerful in the New England groundfish sector Continue reading
Chile’s Orizon acquires crab, toothfish exporter with $20m investment
Orizon Seafood, a fishing firm that belongs to the Angelini Group, has acquired ownership of Fiordosur, a producer and exporter of crab and toothfish in the country Continue reading
Norway’s Vesteralen Havbruk plans fundraise ahead of cod farmer deal, eyes listing
The Norwegian whitefish and salmon group is considering a share issue of up to NOK 100m to strengthen its position as it absorbs cod farmer Statt Torsk Continue reading
UAE investor strikes deal for majority stake in Turkish bass, bream supplier
An investment firm headquartered in the UAE has announced the acquisition of a majority stake in Lucky Fish, a Turkish bass and bream exporter Continue reading
Turkey’s largest bass, bream farmer in talks to buy stricken rival
Turkey's largest bass and bream farmer, Kilic Deniz, is negotiating the purchase of rival Agromey in a deal that could create the undisputed largest player in the Mediterranean Continue reading
Antarctica Advisors: ‘Perfect storm’ makes more seafood consolidation inevitable
The corporate finance boutique's Ignacio Kleiman said further consolidation is coming due to rising inflation and interest rates resulting in decreased consumption and increasing costs Continue reading
Summa picks DNB Markets to sell Milarex; salmon tax, US plant plan likely to drive ‘broad’ interest
Summa Equity has selected Norway's DNB Markets to run a sale process for €400m-plus salmon processor Milarex, which has plans to build a large processing plant in the US Continue reading
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