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Trade Jan. 21, 2021 4:03 PM
Foppen’s strong US presence in Costco, other retailers to spur global sale interest

By Tom Seaman

Salmon farmers; seafood processors in Asia, Europe and US; and private equity-backed groups are seen as possible bidders in upcoming sale process

M&A Jan. 19, 2021 4:38 PM
Low to head marketing for US smoker Acme

Teresa Low's resume includes over 20 years of marketing experience for Fortune 500 companies

Products Jan. 15, 2021 10:10 AM
Private equity engages Rabobank to sell Costco smoked salmon supplier

By Tom Seaman

H2 Equity Partners has given the sell-side mandate for Dutch salmon smoker Foppen Groep to Rabobank, sources told Undercurrent News

North America Jan. 13, 2021 10:16 AM
New England CEO: Sale to Sealaska shows other owners alternative exit option

By Tom Seaman

Sealaska is looking for long-term value creation and does not have a 'buy, build, sell strategy as you'd see with private equity', NESI CEO Dan Aherne tells UCN

Products Jan. 11, 2021 6:08 PM
Mowi adds skin-pack capacity to Maine Ducktrap plant

By Tom Seaman

The company will be offering skin-pack products ranging from fresh salmon to coated whitefish

Brexit Jan. 11, 2021 10:34 AM
Scots castigate UK gov’t for lack of Brexit prep time, urge ‘lighter touch’

By Dan Gibson

Leading representatives of Scotland's seafood sector have called on the UK government to push for more leeway on paperwork from French authorities

Products Jan. 7, 2021 4:38 PM
US smoker Acme gains foothold in EU, beyond with first overseas acquisition

By Jason Smith

'We had sectors that were up significantly. We had sectors that were down significantly. And as a whole, I would say we fared well during the pandemic' -- Acme Smoked Fish CEO David Caslow

M&A Jan. 5, 2021 1:45 PM
US smoker Acme invests in Denmark’s Norlax

By Tom Seaman

New York, US-based processor Acme Smoked Fish has taken a stake of at least 50% in Norlax, a salmon smoker based in Denmark

Coronavirus Dec. 22, 2020 10:38 AM
France-UK border unlikely to open before Wednesday, ending hopes of Christmas deliveries

By Dan Gibson

Fresh seafood exporters are also highly unlikely to receive insurance coverage, as losses due to delays are seen as a standard policy exclusion

Salmonid Nov. 10, 2020 5:41 PM
US seafood industry to get by with minor wound in EU Boeing-Airbus trade war

By Jason Huffman

Just $61.4 million worth of US seafood products look to be subject to the EU's tariffs, far less than the $528m previously identified

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