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American Seafoods Buys Good Harbor Fillet LLC

 

Officials from Seattle Wash.-based American Seafoods Group announced their company has acquired Good Harbor Fillet LLC, a manufacturer of value-added frozen seafood products, from private equity group Creo Capital Partners LLC.

“In this era of continuing industry consolidation, the acquisition of Good Harbor is a natural fit for integration into our land-based company,” said Bernt Bodal, chairman and CEO of American Seafoods Group, in a press release.

Gloucester, Mass.-based Good Harbor will be integrated into American Pride, which does value-added fish processing and scallop processing, and manages USDA-approved specialty foods workshop and cold storage warehouses. Integration details will be finalized over the next several weeks, officials said in the release.

“We welcome Good Harbor into American Pride,” said John Cummings, president of American Pride, in the press release. “They have a strong history of customer focus and innovation. This business consolidation strengthens the value we deliver to our customer partners.”

Bill Stride, president of Good Harbor, said, “I foresee exciting opportunities for Good Harbor from the tremendous expansion of supply resources and access to broader market channels that this deal provides.”

American Seafoods Group is privately held, so terms of the deal were not disclosed.

Good Harbor Fillet provides branded and private label frozen fish products.
 

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