Entries by AntarcticaAdmin

Rodger May, McKinley Capital close deal for Peter Pan

US seafood entrepreneur Rodger May and Alaskan private equity McKinley CapitalManagement have closed a deal for salmon and whitefish processor Peter PanSeafoods from Japan’s Maruha Nichiro. May and McKinley confirmed to Undercurrent News the deal closed on Dec.31. Undercurrent reported the deal agreement on Nov. 2 after first reporting the interest of McKinley and May, […]

Maruha Nichiro closes deal to offload Peter Pan Seafoods

Maruha Nichiro, the world’s largest seafood company, has finalized the sale of Alaska seafood processor Peter Pan Seafoods, sources familiar with the deal told IntraFish on Monday. Tokyo-based Maruha Nichiro announced in November it reached a deal to sell the company to an investment group including Alaska-based private equity group McKinley Capital Management and Rodger May, […]

Agri-giants are perplexed by seafood. Here’s how companies can change that.

While seafood has proved resilient during the COVID pandemic, investors remain reluctant. Ignacio Kleinman, managing partner of Antarctica Advisors, says large animal protein companies are still largely perplexed by the complexity of seafood. “[They] are used to beef, that comes from only one animal, pork that only comes from only one animal,” he explained while […]

Antarctica Advisors Acts as Investment Banking Advisor to Clearwater Seafoods Inc. in its sale to Premium Brands Holdings and Mi’kmaq First Nations Coalition

November 11, 2020.  Clearwater Seafoods Inc. (TSX:CLR) has entered into a definitive agreement with a coalition of Mi’kmaq First Nations and Premium Brands Holdings Corp (TSX:PBH) for the acquisition of all of the issued and outstanding common shares of Clearwater and the units issued under various equity compensation plans for $8.25 per share in a transaction valued […]

Antarctica Advisors Acts as Exclusive Investment Banking Advisor to Stolt Sea Farm in its sale of Sterling Caviar

November 5, 2020 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Stolt Sea Farm Investments BV (“Stolt”) in its sale of Sterling Caviar LLC (“Sterling”) to affiliates of Hyde Road Agricultural Associates LLC (“Hyde Road”). Established in 1988 by Jacob Stolt-Nielsen, Sterling became the […]

Stolt sells US caviar farming division, stripping away a long-held aquaculture operation

The sale chips away at another portion of what used to be a massive aquaculture empire. Norwegian shipping, oil and seafood giant Stolt-Nielsen has reached a deal to sell its Sterling Caviar division to land-based bass and sturgeon producer Hyde Road Agricultural Associates, a source familiar with the sale told IntraFish. Sterling Caviar owns and […]

Iberconsa was never likely to attract Asian investment, advisors say

Despite completing deals to expand their supply lines in Northern Europe and North America, major Asian trading giants such as Maruha Nichiro or Nippon Suisan Kaisha are unlikely to take any interest — at least for the immediate future — in buying wild catch enterprises in Spain and Latin America, top financial advisors told Undercurrent […]

Pandemic forces salmon farmers to look at downstream M&A, advisors say

The COVID-19 pandemic is likely to drive more salmon farmers to look at buying into processing to secure access to their target markets, said financial advisors from Pareto Securities and Antarctica Advisors. Speaking on Undercurrent News’ “What COVID-19 Means for Seafood M&A” webinar (watch in full below) on June 4, Henning Lund, a senior partner […]

M&A advisor: ‘Who’s going to be next Cooke?’

More diversified global seafood players like Cooke are needed to bring stability to the industry, said a senior mergers and acquisitions (M&A) advisor during an Undercurrent News webinar on the impact of the coronavirus pandemic on deals. Ignacio Kleiman, whose Antarctica Advisors is the most prolific M&A advisory firm according to Undercurrent’s latest Seafood Dealmakers 2020 […]