Slade Gorton’s acquisition of North Atlantic Inc. is intended to burnish the company’s sources of supply of sustainable, tropical fish, according to Slade Gorton President and CEO Kim Gorton.
Founded in 1928, Slade Gorton is a third-generation, family-owned seafood importer, processor, and distributor based in Boston, Massachusetts. It announced its planned acquisition of Portland, Maine, U.S.A-based North Atlantic on 10… Read More
The Northwest Aquaculture Alliance, a trade group advocating for the aquaculture industry in the U.S. and Canadian Pacific Northwest, has announced new officers and the creation of a scholarship in memory of its former board member Kurt Grinnell.
Jim Parsons, who formerly served as general manager of Cooke Aquaculture Pacific before being named CEO of Jamestown Seafood earlier this month, will remain in his role as NWAA president. Troutlodge… Read More
Dover, Tasmania, Australia-based salmon-farming firm Huon Aquaculture reported a loss of AUD 128 million (USD 93.4 million, EUR 79.2 million) for the fiscal year ending 30 June, 2021, on the heels of a takeover bid from Brazilian meat processing giant JBS.
In a letter to shareholders sent in advance of its FY2021 results issuance, Huon Chairman Neil Kearney said the company’s board is backing JBS’ offer of AUD 3.85 (USD 2.82, EUR… Read More
Oslo, Norway-based investment firm Bluefront Equity, which specializes in the seafood industry, has acquired a stake in In-Naggar, Malta-based aquaculture research and development firm AquaBioTech Group …
Photo courtesy of AquaBioTech… Read More
Cooke Aquaculture has confirmed its interest in purchasing Tasmania, Australia-based salmon-farming firm Huon Aquaculture, in the midst of a takeover bid from Brazilian meat processing giant JBS.
However, JBS has run into difficulty in the form of activist investor Andrew “Twiggy” Forrest, who has used his minority interest in Huon to push for increased environmental standards. In response, JBS issued a parallel bid for control… Read More
Mexican officials recently met with their U.S. counterparts in Washington D.C. to formally request a lifting of the U.S. embargo on Mexican wild-caught shrimp.
In April 2021, the U.S. State Department withdrew Mexico’s certification under Section 609 of Public Law 101-162, barring Mexico from exporting any of its wild-caught shrimp to the United States. In a statement at the time, the State Department said Mexico’s efforts to protect… Read More
Salish Fish, a joint venture between family-owned Cooke Aquaculture Pacific LLC and the Jamestown S’Klallam Tribe, has officially launched and is moving forward with plans to stock its ocean fish farm in Port Angeles Harbor, Washington, U.S.A. with native steelhead and possibly sablefish in the coming months, according to the company and the tribe.
For Cooke, the move represents a reboot of its Washington operations after a 2017 escape at… Read More