Central Seaway Company (CenSea), a subsidiary of India-based online trading marketplace Captain Fresh, has purchased the brand portfolio of Ocean Garden.
Captain Fresh first expanded into the U.S. frozen seafood market with the acquisition of CenSea – one of the county’s largest shrimp importers – in February 2024. According to a release from CenSea, the acquisition of Ocean Garden augments the company’s existing brand portfolio and strengthens its position in the country’s market.
“This acquisition unites two large U.S. seafood importers and distributors – CenSea, a leader in Asian shrimp and other seafood products from around the world, and Ocean Garden, a leader in Mexican and Ecuadorian shrimp – strengthening the Captain Fresh powerhouse of brands,” the company said.
The exact terms of the deal were not disclosed by either company.
Captain Fresh has expanded rapidly across India since its founding in 2019, and in 2024, Captain Fresh CEO Utham Gowda told SeafoodSource the company should close in on USD 700 million (EUR 676 million) in topline growth in 2024.
For CenSea, the acquisition of Ocean Garden will ...
