A worsening economic environment and rising borrowing costs will force consolidation in the seafood industry and may even result in the distressed asset sales Continue reading
Tag Archives: North America
Biden administration’s end-of-year offshore wind sprint not holiday present US harvesters asked for
'To say we're busy is probably an understatement' -- Karen Baker, chief of BOEM's Office of Renewable Energy Programs Continue reading
High Liner bullish on Q4 as supply-chain challenges ‘abate’
'We're pleased with what we're seeing thus far in the quarter from a volume perspective'
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Alaska cancels snow, king crab seasons in ‘devastating’ blow for processors
Only the Bering Sea District Tanner crab season will be open, as the US state has granted a total combined quota of about 2 million pounds Continue reading
PE Centre Partners buys US seafood restaurant chain Captain D’s for second time
Sentinel Capital Partners acquired the 500-plus unit quick-service seafood chain Captain D's in 2017 from Centre Partners, which announced Monday that it was reacquiring the company Continue reading
Grieg set to blaze salmon trail in Newfoundland’s west, dwarf Mowi, Cooke output
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'In any kind of greenfield there's a substantial amount of investigating that has to happen' -- Perry Powers, Grieg Seafood Newfoundland Continue reading
Trident adds more CPG big hitters to lead marketing, R&D
One new hire comes from Simplot, the other from KFC after a long spell at Hershey, where Trident's chief commercial officer worked Continue reading
Fortune completes acquisition of Texas-based processor, distributor
The deal will expand Fortune Fish & Gourmet's distribution reach into Texas, granting direct access into Houston and other major cities in the state Continue reading
Post Founders deal, CEO plots bigger role for Seattle Fish
Founders Group of Food Companies owns 80 private food companies in the US and Canada
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Mowi stalls progress in east Canada as biological issues cost it €22m
Almost half of those costs were incurred in Canada, where operations were hit significantly by early harvesting after the 'low-oxygen incident' in Newfoundland Continue reading
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