Grouper
US firm exits fresh fish business amid plans for Indonesia subsidiary expansion
Seafood importer and distributor North Atlantic Inc. has shifted its strategy away from fresh fish to focus on its frozen business as its Indonesian subsidiary plans expansion
Analysis
M&J deal has Fresh Direct CEO looking beyond sales target of £500m
Fresh Direct will be around £400m in turnover with addition of M&J and two other former Brakes companies, meaning CEO of enlarged group is looking to up five-year-plan turnover target
M&A
Bain Capital shifts M&J Seafood, two other Brakes firms into Fresh Direct JV
Bain Capital is combining M&J Seafood and two other former Brakes portfolio companies into a JV with Fresh Direct, with current MD of the latter to run the new business
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