John Risley offers partnership with OCI; says Clearwater discussions dead
Billionaire John Risley says that though Clearwater Seafoods no longer hopes to buy Ocean Choice International, his holding company could partner with current management
Alleging conspiracy with Clearwater, OCI sues Landvis to force refinancing
Canada’s Ocean Choice will miss its original deadline to refinance CAD 175m amid objections from shareholder Landvis, but temporary arrangements are in place
Stavis gearing up to serve larger customers
Boston-based Stavis Seafoods has undertaken a series of moves in recent years to prepare to handle more business from large publicly traded companies, its CEO said
Alabama distributor Steel City Seafood expands to South Carolina
Birmingham, Alabama-based distributor and processor Steel City Seafood has reached a deal to expand its reach into the Charleston, South Carolina area
With new processing method, French firm has high hopes for limpets in US, Canada
Two North American seafood distributors are partnering with a French firm to begin selling limpets into the US and Canada, with the hopes of taming the invasive species’s spread
Analysts: Strong 2016 showing expected for ‘best in class’ Clearwater
The Canadian group is well positioned to trade ahead of its protein-producing peers in 2016, according to analysts at Beacon Securities
Macduff’s profit slides prior to Clearwater buyout
Latest accounts show profit drop yet sales and gross profit on up, with strong increases seen in company’s smaller markets of Far East and UK
Macduff deal, strong demand drive Clearwater Q4 sales, earnings surge
Earnings and revenues at Canada’s Clearwater continued to rise during Q4 2015 and for the year, propelled by strong demand and other factors, such as Macduff deal
Mascato to use Bantry Bay brand to reposition itself in US market
Volume-focused Spanish seafood player Mascato plans to sell more of its products sourced worldwide in the US, under its Bantry Bay mussels brand
Albion Fisheries, Ipswich Shellfish introduce limpet offerings
A US and a Canadian company are partnering with a French firm to bring the Atlantic limpet, a type of sea snail, to the North American market, the companies said