Pacifico Aquaculture, a leader in sustainable aquaculture known for its Pacifico True Striped Bass, has announced securing project financing from Equilibrium Capital. Additionally, a significant equity investment from a consortium led by Butterfly Equity and a major U.S. public pension fund will fuel the expansion of its operations in Baja California. Pacifico Aquaculture to Expand […]
Fortune International, an American processor, distributor and importer of seafood, meats, and gourmet products, has acquired New Orleans Fish House (NOFH) for an undisclosed price. New Orleans Fish House is a supplier of wholesale seafood and specialty products to chefs and restaurants across New Orleans as well as in the Gulf South. As part of […]
Riverence Holdings, a US-based land-based producer of steelhead and rainbow trout, has acquired Clear Springs Foods, a rainbow trout producer based in Idaho, for an undisclosed price, as per the latest food acquisition news. The acquisition is said to make Riverence Holdings the largest land-based producer of trout in the Americas. The company’s family of […]
Seafood industry news : A consortium led by Dubai-based private investment company SOKOTRA Capital has completed acquisition of L’Aquaculture Tunisienne (AT), an aquaculture company established in North Africa and the Mediterranean basin. Founded by Si M’hamed Driss in 1988, AT is among the largest seabass and seabream hatcheries and nurseries in North Africa. The aquaculture […]
Food acquisition news : Norwegian seafood company Marine Harvest has struck a deal to acquire Canadian salmon producer Northern Harvest Sea Farm for CAD 315 million ($251.2 million). The acquisition of the farmed salmon producer in Atlantic Canada is to help Marine Harvest implement its long term strategy of becoming a leading global integrated producer […]