Finance

Newfoundland shrimp processor sells off plant to seafood group

Since Ocean Choice started operating the Port au Choix facility in 2007, there has been over a 150 million pound decline in quota available for processing, the company said.

“While this is a difficult decision, we know it is the best decision for the company, our people and the community, and we are confident that Barry Group will continue to operate the plant for many years to come,” said Martin Sullivan, CEO, Ocean Choice, of the sale.
“While this is a difficult decision, we know it is the best decision for the company, our people and the community, and we are confident that Barry Group will continue to operate the plant for many years to come,” said Martin Sullivan, CEO, Ocean Choice, of the sale.
Ocean Choice International (OCI)Coldwater shrimpNewfoundlandCanadaMergers & Acquisitions
Published 17 July 2023, 18:23Updated 17 July 2023, 18:23