Entries by AntarcticaAdmin

Argentina’s largest shrimp firm exploring sale, owner confrms

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The owner of major Argentinian shrimp supplier Continental Armadores de Pesca (Conarpesa) is looking to sell the company, he con rmed to Undercurrent News. Fernando Alvarez, Conarpesa’s owner and president, said that the company, which generates around $165 million in annual sales, is in talks with potential buyers to sell the major shrimp harvester at a […]

Mitsubishi, Legend rule out Clearwater bids with Antarctica brought in to drum up global interest

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Antarctica Advisors, one of the most prolific seafood corporate finance advisory firms, has been brought in to work with RBC Capital Markets on adding more international players to the sale process for Clearwater Seafoods, sources told Undercurrent News. RBC is leading the Clearwater sale, which was announced on March 5, with Antarctica acting as co-advisor, Clearwater’s Christine […]

Antarctica Advisors Acts as Exclusive Investment Banking Advisor to Clear Springs Foods, Inc. in its 100% Sale to Riverence Holdings LLC

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February 4, 2020 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Clear Springs Foods Inc. (“Clear Springs”), the leading grower and processor of rainbow trout in the US, in its sale to Riverence Holdings LLC (“Riverence”), a neighboring producer of steelhead trout. Based in Idaho’s pristine Magic Valley, Clear Springs […]

US trout farmer Riverence closes deal for larger rival Clear Springs

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The second-largest rainbow trout farmer in the US, owned by the creator of a multitude of hit TV shows, has a deal for its larger rival, Clear Springs Foods, making it, by far it the largest farmer of the species in the country. The purchase by Riverence Holdings, the parent company of Idaho’s Riverence Farms, means that the […]

Riverence acquires Clear Springs, creating America’s largest trout producer

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The company, backed by a Hollywood TV mogul, now has its sights on re-inventing the US trout market. Idaho-based Riverence Holdings on Saturday announced it acquired rival trout giant Clear Springs Foods, making the group the largest producer of land-based trout in the Americas. With the Clear Springs deal, the company’s operations now include Riverence […]

Profand deal for Mercadona’s Caladero plant will widen product mix to salmon, whitefish

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Spain’s Profand Fishing Holding has moved to acquire Spanish retail group Mercadona’s processing firm Caladero, after buying Stavis Seafoods and investing in Seafreeze in the US. Zaragoza, Spain-based Caladero will add a new range of species Profand’s portfolio. Caladero processes salmon, trout, seabream and seabass, as well as sardines, in addition to octopus, squid and shrimp Profand is known […]

Antarctica Advisors Acts as Exclusive Investment Banking Advisor to Bristol Bay Native Corporation in its Acquisition of Blue North Fisheries and Clipper Seafoods

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October 1, 2019 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Bristol Bay Native Corporation (“BBNC”) in its acquisition of a controlling participation in Blue North Fisheries and Clipper Seafoods, the two leading operators in the freezer longline cod sector in Alaska. Jason Metrokin, […]

Bristol Bay Native Corporation To Acquire Blue North Fisheries and Clipper Seafoods

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Bristol Bay Native Corporation (BBNC) is pleased to announce the pending acquisition of Blue North Fisheries and Clipper Seafoods, two leading operators in the sustainably-managed freezer longline cod sector of the Bering Sea fishery. Effective September 30th, this acquisition will put BBNC, an Alaska Native corporation with deep cultural ties to fishing, in a position […]