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Newport Lobster of Rhode Island acquired by investment firm

Bellevue Asset Management said it intends to invest time and capital to enable Newport Lobster Company to continue operating as is

By Barb Dean-Simmons | Dec. 1, 2023 15:58 GMT
Cooked, whole lobster with shellfish. Credit: Michael-John Wolfe/Shutterstock.com
Cooked, whole lobster. Credit: Michael-John Wolfe/Shutterstock.com
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There won't be huge changes for the Newport Lobster Company, a 23-year-old Rhode Island-based seafood supplier, now that it's part of the Bellevue Asset Management (BAM) group of companies [...]

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