The once high-flying seafood company that flirted with going public in 2004 with a $575 million (€425.2 million) IPO has now slimmed down to the size it was nearly a decade ago.
American Seafoods Group was formed in January 2000, through the $229 million (€169.4 million) acquisition of American Seafoods Company and American Seafoods International (formerly Frionor USA) by private equity firm Centre Partners Management, CEO Bernt Bodal and two Alaska community development (CDQ) groups, Coastal Villages Region Fund and Central Bering Sea Fishermen’s Association.
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