Changed approach to dealmaking has Nowaco seeking seafood M&A
Nowaco's approach to making acquisitions is no longer focused strictly on finding deals for 51%-100% of firms, and it is willing to look at options throughout the value chain
AquaChile took $36m loss on sale of Costa Rican tilapia unit
Chilean salmon powerhouse Empresas AquaChile took a $36.4 million loss when it sold its Rainforest Tilapia unit to Costa Rican seafood processor and exporter Industrias Martec
New Riverence, Clean Label partnership takes ready meals coast to coast
'We were able to take their trout and create ready-to-eat meals that have zero chemicals and an extended shelf life of 35 days refrigerated' -- Marwan Moheyeldien, Clean Label's CEO
Hendrix Genetics moves into India directly with local shrimp broodstock JV
The company has partnered with Sapthagiri Hatcheries to jointly establish a broodstock multiplication center, supplying SPF broodstock from 2023
EU puts up €500m for ‘blue economy’ investors
The initiative will mobilize an additional €500m of EU funds for financial intermediaries investing in this sector
NRS ready to raise another $35m for Salmonor deal
After a successful private placement raised NOK 1.9 billion, Norway Royal Salmon will raise another NOK 303m with a subsequent share sale
Amid East Coast sale talks, Forum has ‘no intention’ of divesting Fishin’ note
Forum has 'no intention' of divesting its loan position in Walmart supplier Fishin', with negotiations underway to sell the private equity's other sector stake, East Coast Seafood
Fortune acquires ‘farm-to-table’ supplier D’Artagnan
US seafood processor and distributor Fortune International is furthering its plans to expand coast-to-coast with the acquisition of D'Artagnan
Maruha Nichiro-backed Austral buys Brisbane’s Moreton Bay Seafoods
Adding Moreton Bay's catch to Austral Fisheries' will increase overall processing volumes at the former's Brisbane facility, which is strategically located on Australia's east coast
Norway’s Pelagia snaps up 100% of fishmeal, oil group
The Austevoll Seafood JV purchased Norsk Fiskeindustri Invest, which itself owns stakes in two further producers