UK seafood provider Northcoast Seafoods has been sold to a Dutch company Seafood Connection, a subsidiary of Japan’s Maruha Nichiro, for an undisclosed sum.
With a workforce of 112 people, Northcoast Seafoods provides prawns and whitefish products to retailers. According to the Seafood Connection press release, both companies can complement each other and help Northcoast to grow thanks to the sourcing power of Maucha Nichiro.
“Ever since I met the first time with the management of Northcoast Seafoods, I came to the conclusion that Northcoast Seafoods speaks the same language as Seafood Connection and Maruha Nichiro,” said Takeyuki Nakazawa, chief operating officer of Seafood Connection. “Their individual local uniqueness in a big market such as the UK’s made the company very appealing to Maruha Nichiro and Seafood Connection. Their size and influence made it a perfect partner for our all-round geographical expansion strategy into other parts of Europe”.
Source: Seafood Connection