Antarctica Advisors Acts as Exclusive Investment Banking Advisor to Baja Marine Foods in its 100% Sale to Baja Aqua Farms

September 12, 2025 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Baja Marine Foods, a leading producer of pelagic fish from the Eastern Pacific Ocean, to Baja Aqua Farms, the largest producer of Bluefin Tuna in North America.

Baja Marine Foods is engaged in fishing, processing, and commercialization of pelagic fish for human consumption and the pet food industry, operating its own fleet of vessels.  In 2022, the company made a significant investment to diversify into fishmeal and fish oil production.

Baja Aqua Farms is the largest producer of Bluefin Tuna in North America.  In 2023, Baja Aqua Farms was acquired by an investment consortium comprised of Continental Grain Company, Equity Group Investments, Castle Harlan, and Mexico’s Organizacion Cultiba, in a transaction where Antarctica Advisors acted as the M&A advisor to the sellers.

Joe Hamby, CEO of Inter Oceanic Holdings, commented: “This transaction is highly strategic and presents an opportunity for the further growth of Baja Marine Foods.  We are thankful to the Antarctica Advisors team who played an instrumental role in helping us navigate through this complex transaction”

Birgir Brynjolfsson, Partner of Antarctica Advisors, commented: “Baja Marine Foods has developed to become a world-class vertically integrated pelagic fishing company and provides Baja Aqua Farms with direct access to the important pelagic resource in the Eastern Pacific Ocean. We appreciate the opportunity to have been trusted to work with the shareholders of Baja Marine Foods in this transaction and look forward to watching the company continue to grow under new ownership.”

Antarctica Advisors is the leading US-based, independent investment banking firm providing corporate clients in the global Seafood Industry with specialized M&A advisory, private equity and debt capital raising services. Our firm’s highly specialized Seafood Team is comprised of professionals with significant knowledge of the Seafood Industry, the widest contact network in the sector, as well as a proven track record of successful transaction execution and closing.

Antarctica Advisors LLC is a licensed broker-dealer, member of FINRA and SIPC.

For further information visit www.AntarcticaLLC.com