M&A news

Canada’s Premium Brands sees few seafood firms in acquisition pipeline, feels well-positioned for trade wars

'On the Premium Foods Distribution side of our business, we really have one exposure and that's in processed lobster' -- Premium Brands president and CEO George Paleologou

Fire destroys salmon producer’s new HQ in western Norway

A fire has destroyed five newly constructed buildings at Norwegian salmon farming company Alsaker Fjordbruk's coastal facility in Tysnes

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Phillips grows sales of pasteurized lobster at retail after Costco false start

Fathom Seafood, private equity investor work to secure Port of Tacoma site for US plant

India’s Aquaconnect commits $4.5m to aquaculture R&D facility

Iceland’s MPs push for probe into fishing companies’ ownership

free read Five seed-stage entrepreneurs to pitch at UK event

Andfjord looks to raise another $5m in latest share offering

Land-based shrimp firm files for debt restructure, hopes for savior

Italian caviar producer offloads salmon firm Fjord, names new CEO

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Latest news

Norwegian fishing efficiency startup raises €1.25m

Norcod to raise up to NOK 20m in subsequent offering

Aruna clarifies layoffs actually 18%, says expansion plan still a go

Chinese surimi giant inks $62m deal for 70% of pollock-focused processor

Italy’s Newlat targets sales of €5bn by 2030, driven in part by M&As

Acquisitive Nordic group buys Salma brand from Bremnes Seashore

Nergard-backed Kime Akva on fast-track to 24,000t of farmed cod after latest deals

Singapore investment firm secures $50m for maritime tech fund

Silver Bay confirms deal for Cooke’s stake in OBI

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Tariffs beginning to get priced into seafood M&A, creating bottlenecks for deals

Beaver Street eyes national US skin-pack footprint, spiny lobster boost from Canadian tariffs

Spain’s WOFCO nears $500m sales milestone after rapid European, north American growth

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Iceland’s SVN starts saithe in Grindavik plant, operations healthy despite volcano

$500m Norway salmon processor sets up US operation with former Boston Sword exec

Town Dock squid

Owner of Peru’s Oceano strikes again in US squid with deal for Town Dock

Pacific Seafood in talks to acquire Florida skin-pack plant NovoMar

Fathom releases details of new $280m US West Coast plant

Popular stories

Candor’s Bemiller offers seafood investor diligence service after eFishery debacle

When Marcy Bemiller made a trip to Indonesia last year, she said it was evident something was very wrong with eFishery, she told Undercurrent News

BioMar takes full ownership of Norwegian aquaculture research center

BioMar has signed an agreement to acquire full ownership of LetSea, an experimental and research center for aquaculture, by taking over the remaining shares from KapNor

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aquaculture

Icelandic land-based salmon farmer eyes early 2025 for €200m fundraise

High margins, high investment drive seafood M&A boom

SalMar issues $93m commercial paper to boost finances

prices

Atlantic Capes deal makes Northern Wind one of world’s three scallop titans

UAE firm in pole position to land Avramar, delays cause another bidder to withdraw

Pelagia to open new mackerel filleting factory in 2025 as part of value drive

companies

ProPublica: Alaska investment fund missed red flags before investing $29m in Peter Pan deal

New Norebo vessel given approvals to commence fishing

Hatch Blue joins $5m fundraise for Swedish aquaculture firm Gardsfisk

people

Espersen makes more layoffs in UK with no end in sight for losses

eFishery’s DycodeX acquisition under auditor scrutiny

Lucasinas regains 100% control of Profand with €127 million Alba buyout

m&a

PE owner of Italy’s Panapesca looks for buyer

AKVA sells stake in Norwegian provider of workboat, underwater services for $13m

Masoval grants Nordic Halibut option to purchase processing, sales division

retail

Captain Fresh to use recently acquired French shrimp cooker to grow in EU retail

Walmart to fully exit Japan, sell Seiyu stake for $2.6bn

Spanish firm to acquire mackerel processor Pescados Ruben after sole bid

processing

Koral to be included in Captain Fresh, Sekkingstad salmon JV, with ‘more to come’

Jordan Mazzetta snaps up East Coast US scallop, whitefish processor

Pelagia opens new factory in Denmark

fishing

As Blue Harvest auction looms, some New England groundfish harvesters want to see fleet split up

Profand, Newsan enter joint commission of new toothfish vessel from Spanish shipyard

free read Recap NASF 2025 day 3