Alliance Select eyes two acquisitions

Fish processing firm Alliance Select Foods International is studying two new potential offshore acquisitions, one in North America and another in South Pacific, in line with its bid to become a key regional seafood producer.

The company is confident its net sales would rise by at least 50 percent this year on the back of a much-improved tuna catch, resilient offshore demand for its tuna and salmon products and the full-year contribution of Massachusetts-based salmon smoking and curing firm Spence & Co. Ltd., Alliance president and CEO Jonathan Dee said in an interview.

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