More than 75 seafood mergers and acquisitions were reported last year by IntraFish. Top investment advisors in the seafood sector are optimistic about a rise in M&A activity in 2025 following a strong 2024. More than 75 seafood mergers and acquisitions were reported last year by IntraFish, from strategic investments and acquisitions of significant minority […]
Atlantic Sustainable Catch’s purchase of Atlantic Capes Fisheries’ downstream operations combines with Northern Wind to produce 20–22 million lb of scallops annually, creating one of the world’s top three scallop producers and boosting revenues to roughly US$500 million
ACON Investments completed its acquisition of Atlantic Capes Fisheries’ downstream division through its Atlantic Sustainable Catch platform, forming a US$500 million shellfish business, while the Cohen family retains the fishing fleet
Undercurrent News highlighted key M&A narratives likely to shape 2025, including potential sales of American Seafoods Group, Avramar and Milarex, ACON’s acquisition of Atlantic Capes, Captain Fresh’s purchases of CenSea and Koral, and ongoing consolidation among Alaska processors such as Silver Bay, Trident and Pacific Seafood
Global economic upheaval has not put a dampener on seafood industry consolidation this year. The seafood processing, aquaculture, fisheries and aquatech sectors have shown a surprising amount of merger and acquisition (M&A) activity so far in 2024, reflecting both investor enthusiasm and the ongoing need for consolidation. Deals slowed in 2023 from the year prior. […]
February 29, 2024 – Antarctica Advisors LLC, the leading Seafood Industry-Focused M&A advisory firm, acted as the exclusive investment banking advisor to Central Seaway Company Inc. (“CenSea”) in the sale to Captain Fresh, an India based multi-species multi-origin seafood player. Established in 1960, CenSea is widely recognized as a market leader in frozen seafood distribution […]
This year is set to be a better year partly amid improved stock market sentiment, financial executives told IntraFish. The seafood industry could see more mergers and acquisitions in 2024, although deals may be smaller and driven by the technology and artificial intelligence sectors, according to those in the M&A business. There were fewer M&A […]
Captain Fresh is raising about US$50 million from investors including Nekkanti Sea Foods and venture capital firms to finance its acquisition of US shrimp importer CenSea; the company is also pursuing Polish salmon processor Koral as part of its multi‑species expansion plan
Captain Fresh is negotiating to acquire Polish smoked salmon processor Koral—whose 22,000‑m² plant runs 23 production lines and can process around 100 t per day—and continues talks to buy US shrimp importer CenSea, signalling its drive to enter new species and markets
It’s not only the rate of M&A’s that has slowed in seafood but the shape and structure of deals too. M&A deals in the seafood industry are being reshaped by current economic factors that are impacting both the rate of dealmaking and how deals are structured. The rate of M&As in the seafood industry is […]
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.