Milarex Acquires ULTCO to Expand North American Presence

March 15, 2021

Milarex, a Norway-based seafood marketing and processing company owned by Summa Equity, has acquired ULTCO, a San Diego–based specialty seafood importer and distributor. The deal (terms undisclosed) gives Milarex a foothold in North America, preserves ULTCO's leadership team, and is intended to accelerate product development, broaden the combined product range, and grow net sales.

Buyers
Milarex
Targets
ULTCO
Industry
Food & Beverage
Location
California, United States
Transaction Type
Buyout

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