Canadian processor Premium Brands and a coalition of Mi’kmaq First Nations completed their C$1 billion takeover of Clearwater Seafoods, with 99.89 % shareholder approval; the partners will each own 50 % of the company, marking a landmark Indigenous investment and creating a business with about C$1.3 billion in sales
Global Seafood Market Conference 
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.