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Lobster

Tourkistas back in lobster business after deal for East Coast live export operations 

'I failed in retirement,' says Michael Tourkistas, the founder of East Coast Seafood, who is back in business having acquired some of the assets he sold to Forum Capital in 2015

By Tom Seaman | Oct. 8, 2020 15:08 BST
Credit: Oscar C. Williams/Shutterstock.com
Credit: Oscar C. Williams/Shutterstock.com
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US seafood entrepreneur Michael Tourkistas is back in the lobster business, having acquired back some of the East Coast Seafood Group (ECSG) assets he sold in 2015.

"I failed in retirement," said Tourkistas, who was born in Greece but emigrated to the US and built ECSG into a $350 million-plus lobster and scallop specialist on the US East Coast. Last year, Tourkistas also invested in US squid and fish harvesting and distributing firm Seafreeze, along with Spain's Grupo Profand [...]

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