Fortune Fish CEO Sean O'Scannlain said there will be more big news this year for the premium seafood company following Bahrain-based private equity firm Investcorp's recapitalization of Fortune International, the parent of Illinois-based Fortune Fish.

The deal brings with it a secured line of credit of $105 million (€95 million) for Fortune.

That line of credit is mostly unused and available for growth, acquisition and capital, he told IntraFish.

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Fortune was founded in 2001 by O’Scannlain, who will continue to lead the company and maintain a significant ownership stake in the company.