Moody Marine acquires rival certifier
Moody Marine, one of eight companies accredited to assess fisheries seeking Marine Stewardship Council certification, on Friday announced it acquired rival certifier, Tavel Certification of Dartmouth, Nova Scotia, which is also MSC-accredited.
Terms of the transaction were not disclosed.
"By acquiring Tavel, Moody Marine is pleased to expand further its global certification capacity," said Andy Hough, managing director of Moody Marine in Derby, the United Kingdom.
"MSC fishery assessments are a long and complex process, and fishery clients and stakeholders must be assured of the stability of the certification body," he added. "By supporting ongoing Tavel assessments at this time and by securing Tavel's resources, Moody Marine can ensure that all existing and future projects are completed efficiently and thoroughly."
Tavel President Steve Devitt will remain in a consultative capacity in the near term, and all Tavel staff will remain with the company.