Entries by AntarcticaAdmin

Oceana Group completes the Acquisition of Daybrook Fisheries, a Transaction Valued at USD 382 million Antarctica Advisors LLC Acts as its U.S. Investment Banking Advisor.

Miami – July 22nd 2015 –Antarctica Advisors LLC, a leading Food Industry-focused investment banking firm, acted as U.S. investment banking advisor to South Africa’s Oceana Group Ltd. in the acquisition of Louisiana-based Daybrook Fisheries, Inc., which was completed today. Johannesburg-listed Oceana Group has today completed the acquisition of Daybrook Fisheries for a purchase consideration of […]

Antarctica Advisors LLC acts as Advisor to East Coast Seafood and Garbo Lobster in their new partnership with Seafood Investment Group

Miami – July 2nd 2015 – The Seafood Team of Antarctica Advisors LLC, a leading Food Industry-focused investment banking firm, acted as the exclusive financial advisor to East Coast Seafood andGarbo Lobster, two of the largest lobster suppliers in North America, in the formation of a new partnership with Seafood Investment Group (SIG), a long-term […]

Antarctica Advisors LLC Acts as U.S. Investment Banking Advisor to Oceana Group in the Announced Acquisition of Daybrook Fisheries, a Transaction Valued at Close to USD 400 million

Miami – May 20th 2015 –Antarctica Advisors LLC, the leading Food Industry-focused investment banking firm, acts as U.S. investment banking advisor to South Africa’s Oceana Group Ltd. in its announced transaction with Louisiana-based Daybrook Fisheries, Inc. Johannesburg-listed Oceana Group announced today that it has signed an agreement to acquire 100% of Daybrook Fisheries for a […]

Oceana confirms $382m deal for Daybrook Fisheries

South Africa’s Oceana Group has confirmed a deal with the parent company of US menhaden harvester Daybrook Fisheries, for $382.3 million. The board of directors of Oceana has announced that it has concluded an agreement to acquire 100% of the the firm indirectly, by combination of a merger and stock purchase, for approximately ZAR 4.6 billion, which will be settled in cash. […]

Oceana deal could spark new wave of US M&A

South African firm Oceana’s $382.3 million (€341.1 million) acquisition of US menhaden fishing and processing group DaybrookFisheries may embolden other foreign companies to begin investing in the fragmented US seafood sector, and put pressure on domestic players to get involved as well, according to Ignacio Kleiman of Antarctica Advisors, the sole US investment banking advisor on […]

Investors rush in for Contessa assets

The trustee selling off the assets of shuttered US Company Contessa Premium Foods received a flood of 40 inquiries from parties interested in purchasing Contessa’s assets during the first 36 hours after the company’s closure went public. There is an unusually high level of interest, an unusually prompt response, Steve Victor, senior vice president of […]

Advisor: Latin America primed for seafood investors

While Latin America may be one of the most promising and accessible areas to acquire and invest in natural resources, non-Latin companies have been — with a few notable exceptions — reluctant to jump into the fray. “There is a risk perception that is higher than reality,” Ignacio Kleiman, managing partner with advisory firm Antarctica […]

Consolidation, high prices, branding bump sales for top North American seafood suppliers

Access to resources and lucrative markets got the continent’s leading seafood suppliers to the top of a crowded field of competitors. Maintaining relationships with key customers and building trusted, branded product lines should keep them there. The annual SeaFood Business Top 25 North American Seafood Suppliers list illustrates the importance of name recognition. Except for […]