ACON Investments Acquires Northern Wind, Suncoast and Raymond O'Neill to Form Atlantic Sustainable Catch
October 15, 2021
ACON Investments simultaneously acquired Northern Wind Inc., Suncoast Seafood Inc., and Raymond O'Neill & Son Fisheries Ltd., merging the three businesses into a new sustainable seafood platform called Atlantic Sustainable Catch (ASC). The combined platform operates five locations across Massachusetts and New Brunswick with roughly 600 employees and will continue to be led by existing management teams who remain meaningful shareholders alongside ACON.
- Buyers
- ACON Investments, L.L.C.
- Targets
- Northern Wind Inc., Suncoast Seafood Inc., Raymond O'Neill & Son Fisheries Ltd.
- Sellers
- Existing owners and management teams of Northern Wind (Ken Melanson and Mike Fernandes), Luc Doiron (founder/owner of Suncoast Seafood), The O'Neill family (owners of Raymond O'Neill & Son Fisheries; Wendy Schofield, Chris O'Neill, Raymond O'Neill)
- Platforms
- Atlantic Sustainable Catch
- Industry
- Food & Beverage
- Location
- Massachusetts and New Brunswick, United States and Canada
- Transaction Type
- Buyout
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