Indian seafood trading platform Captain Fresh has acquired Central Seaway Company (CenSea), one of the largest shrimp importers in the United States, Utham Gowda, founder of Captain Fresh, and CenSea co-President Jeff Stern confirmed to IntraFish.
The deal marks Captain Fresh's first significant move into the lucrative US seafood distribution market.
As part of the deal, members of CenSea's core management team have extended their employment contracts and invested financially into the group.
Family-owned CenSea has been importing and trading shrimp and other frozen foods for decades, and has been preparing itself for a succession or sale over the past few years.
