Santa Monica Seafood Acquires Prospect Enterprises' Seafood Assets (American Fish, Chesapeake Fish, LA Fish Co., Cactus Cove)
April 24, 2015
Santa Monica Seafood, a family-owned seafood distributor based in Rancho Dominguez, California, signed a definitive agreement to acquire most of the seafood division assets of Prospect Enterprises, Inc., including American Fish & Seafood, Chesapeake Fish, LA Fish Company and Cactus Cove. The deal (excluding Kansas Marine and Central Fish Co.) expands Santa Monica Seafood's footprint across Southern California and Arizona and transfers facilities, inventory, receivables/payables and most trucks and equipment to Santa Monica Seafood.
- Buyers
- Santa Monica Seafood
- Targets
- Prospect Enterprises (seafood division assets), American Fish & Seafood, Chesapeake Fish, LA Fish Company, Cactus Cove
- Sellers
- Prospect Enterprises, Inc.
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
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