Bristol Bay Native Corporation Acquires Blue North Fisheries and Clipper Seafoods
September 17, 2019
Bristol Bay Native Corporation (BBNC) will acquire Blue North Fisheries and Clipper Seafoods and organize them under a newly formed subsidiary, Bristol Bay Alaska Seafoods, to strengthen its position in the Bering Sea freezer longline cod fishery. The deal closes on September 30 and BBNC says the acquisition will drive operational efficiencies, product expansion and greater market consolidation while retaining existing management and staff.
- Buyers
- Bristol Bay Native Corporation, Bristol Bay Alaska Seafoods
- Targets
- Blue North Fisheries, Clipper Seafoods
- Industry
- Food & Beverage
- Location
- Washington, United States
- Transaction Type
- Buyout
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