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Cooke Inc., an aquaculture company based in New Brunswick that has salmon farms and hatcheries in Maine, has acquired All Seas Wholesale Inc., a California-based distributor of fresh and frozen seafood.
The transaction, announced on Tuesday, was completed in mid-February. Terms were not disclosed. Both companies are family-owned.
All Seas supplies San Francisco-area hotels, country clubs, airline and event caterers, retail markets and restaurants. It has been a same-day seafood purveyor for 33 years, according to the release.
“Purchasing All Seas allows us to continue to strengthen our vertical integration and distribute our True North Seafood products to additional markets,” Glenn Cooke, Cooke Inc. CEO, said in the release.
In Maine Cooke has salmon farms in Eastport, Machiasport and Black Island South, near Bar Harbor. Cooke also operates three freshwater hatcheries in Gardner Lake in East Machias, and in western Maine in Bingham, in Somerset County, and Oquossoc, in Franklin County. Value-added processing takes place at the Machiasport plant.
Last November, Cooke acquired Seajoy Seafood Corp. group, one of the largest vertically integrated premium shrimp farms in Latin America.
Seajoy produces value-added and organic Pacific white shrimp and sells to customers in Europe, the Americas and Asia. The company has 1,400 employees and runs operations from “egg to plate.” Seajoy's shrimp farms are located in Honduras and Nicaragua, and include processing plants, hatcheries and breeding programs.
Seajoy was founded in Ecuador in 1979. The Cooke family started Cooke Aquaculture in New Brunswick in 1985.
Cooke Aquaculture also has salmon farming operations in Washington state, Atlantic Canada, Chile and Scotland, as well as sea bass and sea bream farming operations in Spain.
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