Finalization has been the focus of 2018 so far for Noordzee, one of Turkey’s leading producers of sea bream, sea bass, and stone bass.
The family-helmed aquaculture business has pursued a rapid growth strategy since its establishment in 1998, and has yet to slow its momentum. To date, Noordzee’s capacity is more than 15 times what it was to begin with, and a crop of recent “big investments” should serve to bolster that num… Read More
Popular U.K. retailer Mark and Spencer (M&S) is expanding its existing store closure program, with plans to close 100 of its stores by 2020, the company announced on 22 May.
After years of falling sales and profits, M&S decided to embark on what it calls a “radical transformation” process in 2016, according to a report from The Guardian. The business, which markets both clothing and food stuffs under the same roof,… Read More
Walmart has reached an agreement with Thai Union’s Chicken of the Sea International regarding antitrust claims initially brought forth by the retailer back in October 2016, and later amended in May of 2017.
The terms of the agreement will see Tri-Union Seafoods – which trades as Chicken of the Sea International – pay a cash settlement to Walmart and partner with the retail giant in a series of joint programs and new produc… Read More
Bucksport, Maine, U.S.A.-based Atlantic salmon farmer Whole Oceans has chosen Jason Mitchell to be its new chief operating officer, the company announced on 22 May.
Whole Oceans, which runs a state-of-the-art recirculating aquaculture system (RAS) out of a former Verso paper mill, noted Mitchell’s 15-plus years of experience in shipbuilding operations and general business management as key factors that contributed to his hiring. … Read More
Seafood Harvesters of America has found a new executive director in Leigh Habegger, the organization announced on 17 May. The role was previously held by Kevin Wheeler, who vacated the position to become Deputy Chief of Staff at the National Oceanic and Atmospheric Administration.
Habegger comes to the role most recently from Restore America's Estuaries, where she served as the senior manager of external affairs for the non-profit. Her work… Read More
New Bedford, Massachusetts, U.S.A.-based seafood supplier and processor Northern Wind has hired industry veteran Kenneth Loud as its vice president of new product development, the company announced 15 May.
Loud, who has over 35 years of experience in the seafood industry, comes to the role most recently from Kendell Seafood – a provider of Chilean sea bass from Patagonia – where he had been working for the past four years. … Read More
Norway-based AKVA group signed a letter of intent on 15 May regarding the enterprise’s pending acquisition of all shares of Egersund Net, an equipment producer for the aquaculture industry.
The transaction will see AKVA paying NOK 750 million (USD 92.9 million, EUR 78 million), the enterprise value of Egersund Net, to acquire the equipment developer. However, the final purchase price may be adjusted to accommodate the net debt and wor… Read More
Florida, U.S.A.-based seafood supplier Bonamar is looking to industry veteran Stutts Armstrong, formerly of Icicle Seafoods and Vita Food Products, to steer its retail efforts in traditional wholesale and e-commerce channels in the United States as the company’s new vice president of retail business.
Armstrong, who has more than 30 years of seafood experience, comes to Bonamar most recently from Chile's Multiexport Foods, where he was hired… Read More
Thursday, 10 May, is National Shrimp Day in the United States, with suppliers and sellers of the popular species taking the opportunity to encourage Americans to embrace recipes and meals highlighting the prized seafood.
Americans eat more shrimp than any other type of seafood, according to data from the National Fisheries Institute and the National Oceanic and Atmospheric Administration. To observe National Shrimp Day, which is considered … Read More