Cooke Seafood announced it has signed a definitive agreement for the purchase of Icicle Seafoods, Inc.
Once closed, the deal will enhance Cooke's investments in both the wild fishery and the aquaculture sectors, making them leaders in the US salmon farming sector and a major player in the Alaskan salmon fishery.
With the acquisition of Icicle, the Cooke group of companies will produce over 275,000 metric tons of seafood annually and generate $1.8 billion (€1.5 billion) in annual sales.
The deal will include Icicle’s three business units, which harvest and process over 150,000 metric tons of seafood annually: wild salmon, groundfish and farmed Atlantic salmon.
