Scallops business acquisition

Scallops business acquisition

13 Sep 2016

Blue Harvest continues to strive into scallops market

Blue Harvest continues to strive into scallops market

Blue Harvest Fisheries has acquired High Liner Food’s scallop and processing facility in New Bedford, Massachusetts.

The acquisition aims to further strengthen Blue Harvest’s existing processing and distribution capabilities after it entered the scallop processing and distribution business in August 2016 via the purchase of Hygrade Ocean Products.

Jeff Davis, CEO of Blue Harvest Fisheries, said: “HLF’s expertise and distribution capabilities in the frozen scallop market are highly complementary to our existing capabilities in the fresh scallop market.”

He added: “Through this acquisition we will grow our customer base, increase our portfolio of quality assured products and build increased presence in the seafood marketplace.”

High Liner Foods is headquartered in Lunenberg, Nova Scotia, and is one of the largest seafood companies in North America.

Mr. Keith Decker, president and CEO of High Liner Foods, concluded: “We are pleased to conclude this transaction with Blue Harvest and look forward to working with them to continue to offer high-quality, sustainable scallop products to our valued customers.”

Source: worldfishing

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