Details of the deal were not disclosed, but a press statement Monday announcing the merger stated that Pacific Seafood, one of the nation’s largest seafood suppliers, “has become a shareholder in Seacliff Seafoods Inc.”
Seacliff, a processor and distributor of a wide range of seafood products, operates facilities in California, San Antonio and Houston. The merger, according to the press statement released Monday, gives Pacific the ability to expand into the Texas market.
Calls to company officials at both Pacific Seafood and Seacliff Seafoods were not returned.
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Pacific Seafood buys stake in Seacliff Seafoods
Seattle (WA), USA: Oregon’s Pacific Seafood Group now has a toehold in the lucrative Texas seafood market after buying a stake in Wilmington, Calif.-based Seacliff Seafoods.
30 December 2003 6:02 GMT
Updated
23 July 2012 5:51 GMT