Pacific Seafood Group on Wednesday announced that it acquired Coast Seafoods Co. of South Bend, Washington, through its Pacific Shellfish Co. subsidiary.
The Clackamas, Ore.-based seafood supplier, one of the United States’ largest, said the purchase includes the Coast Seafoods sales office in Bellevue, Wash., the fish hatchery in Quilcene, Wash., and the farming operations located in Willapa Bay and Grays Harbor, both in Washington, and Humbolt Bay in California.
Pacific also acquired a 50 perncet interest in Penn Cove Shellfish of Coupeville, Wash, and Kona Coast Shellfish of Kona, Hawaii.
“We are extremely excited to partner with Coast Seafoods and gain from the history and experience they have in the oyster and clam industry,” said Pacific CEO Frank Dulcich. “Coast Seafoods has been a shellfish vendor partner with Pacific Seafood for a number of years. This transaction will strengthen and increase the offerings that we bring to the market place.”
The acquisition took effect on Sunday. Coast President John Petrie and his management Team will remain with the company to oversee the merger of the companies’ shellfish operations.
