$400m Peruvian group snaps up US squid supplier
A Peruvian seafood group with an annual turnover of more than $400m has inked a deal for one of the major players in the US squid sector
A Peruvian seafood group with an annual turnover of more than $400 million has acquired one of the most prominent players in the US squid sector, sources told Undercurrent News. Peru’s Oceano Corp., which snapped up Spanish cephalopod supplier Pesfasa from bankruptcy earlier this year, has acquired Rhode Island-based Sea Fresh U.S.A., sources said.
Sea Fresh owns and operates its vessels and an unloading dock in Galilee, a fishing village on Point Judith within the town of Narragansett, on the southern end of the state. It also owns a British Retail Consortium-approved processing plant in nearby North Kingstown, according to the company website.
