Finnish firm looks to revitalise port with $5m fishmeal factory purchase
At a time when Finland is said to be verging on desperate for fishmeal production, two vessel owners and entrepreneurs have acquired a new, 150-metric-ton-per day facility
Pelagic activities, including capelin, take Iceland’s SVN to significant profits
The company earned -- and spent -- big in its first year of being listed on the Nasdaq Iceland stock exchange
With Sedacca at the helm, Sterling Caviar plans series of US aquaculture acquisitions
Sterling Caviar is looking at a series of acquisitions and is exploring the purchase of US striped bass, tilapia, black bass and catfish farmers, among other possibilities
Clearwater’s resource access is ‘nice’ inflation hedge for Premium
'As a harvester, they benefit from inflation because their harvesting costs tend to be relatively fixed. So that gives us a nice hedge as well with regards to runaway inflation' -- George Paleologue
Daley’s PE owner eyes more shellfish M&A, taps RBC to run sale process
The US PE backer of Canadian shellfish processor Daley is looking at more add-on acquisitions but also planning to run a sale process for the company later in the year
Asian insect protein producer raises $2m for expansion
Protenga plans to use the venture debt facility to launch a pet food brand and the 'next generation of 'smart insect farms' in Malaysia
Its sales, earnings shoot up in 2021, but Premium stays mum on C&E talks
Premium Brands Holdings has acquired three companies selling everything from pizzas to sandwiches. But the seafood-hungry company announced no deals in the sector this time
10-state US food distributor What Chefs Want snags Denver’s Northeast Seafood
'Northeast Seafood has done such a great job serving chefs in the Colorado area, that it really makes sense to come together to help strengthen our seafood program in the state' -- Ron Turnier, What Chefs Want
Spain’s Profand acquires Greek seabass, seabream farmer
Profand said the acquisition of Kefalonia Fisheries 'boosts the group's presence in aquaculture production, specifically in seabream and seabass'
Bregal to sell Blue Harvest’s last dozen scallopers after deals for three others close
With scallop vessels and licenses commanding a value of between $5 million and $7m, the 12 could net between $60m and $84m