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Conarpesa owner Fernando Alvarez confirmed that Argentina’s largest shrimp company—operating 22 vessels and four processing plants and generating roughly US$165 million in sales—is seeking a buyer to secure future investment as it expands its fleet and recovers from pandemic‑related disruptions
Transaction SummaryAntarctica Advisors, the leading Seafood Industry-focused investment banking firm, acted as the exclusive financial advisor to Clear Springs Foods, Inc. in its 100% sale to Riverence Holding LLC. The combined group is the largest producer of trout in the U.S., becoming one of the largest aquaculture companies in the country.
Antarctica’s specialized Seafood Team worked with the Board and Management in finding the best strategy for the Company, advised in the Company’s refinancing prior to the sale, and led a closed competitive sales process geared towards maximizing value for the Company’s employee-owners.