Silver Bay Seafoods and Tri Marine Fish Company have agreed to cease further discussions regarding Silver Bay’s acquisition of the coastal pelagic processing plant in San Pedro, California, the companies announced Wednesday.
The decision follows several months of discussions between the companies and is unrelated to the Bolton acquisition of Tri Marine’s tuna supply chain announced earlier this month, a Silver Bay statement said.
The San Pedro plant situated within the Port of Los Angeles will remain under the management and control of Renato Curto.
