Private equity firm snaps up scallop giant Northern Wind, Canadian groups

The firm, with $6 billion in assets, plans to use the purchase as a platform to build a new North American seafood processor and distributor.

Northern Wind management team (left to right): CFO Tony Castro, President Michael Fernandes, Chairman & Founder Ken Melanson, and CEO George Kouri.
Northern Wind management team (left to right): CFO Tony Castro, President Michael Fernandes, Chairman & Founder Ken Melanson, and CEO George Kouri.Photo: Northern Wind
Published 14 October 2021, 16:40Updated 14 October 2021, 17:56
Mergers & AcquisitionsPrivate equityScallopsAtlantic Sustainable CatchNorthern Wind