June 13, 2023 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Boston Sword & Tuna, Inc. (“Boston Sword”), one of the largest distributors of fresh, premium-quality, wild-caught and farm raised seafood in North America, in its sale to Fortune International, LLC (“Fortune”), one of […]

The U.S. Federal Reserve raising interest rates has caused banks to pull back on financing, and that means merger and acquisition activity will slow in the coming quarters, according to a panel of financial experts, speaking during Seafood Expo North America. The panel, on 14 March at SENA in Boston, Massachusetts, agreed higher interest rates […]

Lisner — part of Unternehmensgruppe Theo Muller — has signed an agreement to purchase Graal Group’s canned fish, ready meals and pickles business only. Lisner — part of German food giant Unternehmensgruppe Theo Muller — has signed an agreement to purchase Polish canner Graal Group’s canned fish, ready meals and pickles business. The deal is […]

US-based M&A advisory firm Antarctica Advisors is increasing its focus on European deals, having just closed the sale of Greek seabass and seabream farmer Kefalonia Fisheries to Grupo Profand. Antarctica added Magnus Thorsson, a former Deloitte executive based in Iceland, to its team last September, managing partner Ignacio Kleimantold Undercurrent News. Thorsson is based in […]

For Ignacio Kleiman, advising on Cooke’s recently completed sale of IcicleSeafoods’ whitefish sh harvesting and processing assets to a venture owned by Japan’sMaruha Nichiro and two US community development quota (CDQ) groups was a blast from the past. Kleiman, the managing partner of Miami, Florida-based Antarctica Advisors, told Undercurrent News that he’d advised then employee-owned […]