This would be the second time in only two years that the company would change hands. The sale “could be announced in the next two weeks,” states Reuters. merican Seafoods is currently held in majority by Centre Partners, a lead investor in a management buyout which bought American Seafoods from Norway's Aker RGI ASA in January 2000.
The Company's CEO, Bernt O. Bodal, had already indicated in August that "the company [was] evaluating various refinancing alternatives" which at the time would have included a "leveraged recapitalisation and management buy-out".
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American Seafoods may be sold to Gilbert
Seattle-based American Seafoods Group would be close to being sold to Gilbert Global Equity Partners, a New York private equity firm, for about $700 million, according to Reuters quoting “people close to the transaction”.
3 December 2001 10:25 GMT
Updated
10 July 2012 6:32 GMT