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Analysis

Gulf between remaining Blue Harvest assets, $233m-plus liabilities laid bare  

Blue Harvest Fisheries, whose ultimately foreign-owned PE backer Bregal Partners is being accused of asset stripping before the company's Chapter 7 filing, has liabilities of more than $233 million

By Tom Seaman | Sept. 27, 2023 16:50 BST
Blue Harvest Fisheries' new groundfishing vessel, the Nobska. Image courtesy of Blue Harvest.
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The gulf between the asset value and liabilities of the private equity (PE)-backed US fishing and processing firm Blue Harvest Fisheries is starting to emerge in bankruptcy filings and it looks even worse than previously suggested [...]

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