Antarctica Advisors LLC Acts as U.S. Investment Banking Advisor to Oceana Group in the Announced Acquisition of Daybrook Fisheries, a Transaction Valued at Close to USD 400 million
Miami – May 20th 2015 –Antarctica Advisors LLC, the leading Food Industry-focused investment banking firm, acts as U.S. investment banking advisor to South Africa’s Oceana Group Ltd. in its announced transaction with Louisiana-based Daybrook Fisheries, Inc.
Johannesburg-listed Oceana Group announced today that it has signed an agreement to acquire 100% of Daybrook Fisheries for a purchase consideration of USD 382.3 million. Oceana Group is majority controlled by Tiger Brands, a leading economic group in South Africa, and investment fund Brimstone Ltd. Daybrook Fisheries is a leading privately-owned, vertically-integrated fishing company engaged in the processing of Gulf Menhaden into fishmeal and fish oil.
Antarctica’s experienced advisory team provides corporate clients in the Food Industry with a wide range of investment banking services. In addition, Antarctica maintains a highly specialized Seafood Industry M&A practice unique in the investment banking industry, with a widely recognized track record of deal origination and execution.
Ignacio Kleiman, Managing Partner of the firm and long –time advisor to some of the leading seafood companies in the world commented: “This is a great transaction for both our client, Oceana Group, and the sellers. The Oceana management team is world-class and will continue with the long-standing tradition of excellence Daybrook is known for. As for the global Seafood Industry, it is a game changer, due to the transaction size and strategic importance. We expect that this transaction will fuel further North American and cross-border consolidation, and Antarctica’s highly-specialized Seafood Team will continue to play a leading role for the benefit of our clients.”
For further information on this transaction contact:
Birgir Brynjolfsson, Antarctica Advisors LLC, + Tel. +1-646-463-3929, BB@AntarcticaLLC.com
About Antarctica Advisors
Antarctica Advisors LLC is an independent strategic and financial advisory firm formed by a group of seasoned investment banking professionals with expertise in M&A advisory and private equity and debt capital raising. Antarctica’s team of experienced professionals provides corporate clients with knowledge-based, senior-level financial and strategic advice. Antarctica’s office is strategically located in Miami (Florida) providing close connection to its corporate clients in the Americas, Europe and Asia.
Antarctica Advisors LLC is a licensed broker-dealer, member of FINRA and SIPC
For further information on Antarctica Advisors LLC please go to www.AntarcticaLLC.com
