There are few seafood companies with more aggressive growth plans than China-based Zhanjiang Guolian Aquatic Products and its US division Sunnyvale Seafood, but what types of firms are they looking to acquire? Why are they so heavily investing in the Indian shrimp market? And what do they think is the next big thing in seafood?
Undercurrent News got the answers to these questions and others in a recent interview with Sunnyvale president Jeff Sedacca and CEO Kevin Tang. Here's what they told us:
Seafood M&A craze is being driven by customer behaviorUndercurrent: In talking about some of your new hires recently, you suggested that they were made because you believe the seafood industry is going through a massive consolidation. For its own special report, Undercurrent found 250 examples of mergers or notable investments in different seafood companies over the past few years [...]
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