Another Acquisition: Cooke Buys California Seafood Distributor
SAINT JOHN – New Brunswick seafood company Cooke Inc. announced Tuesday that has acquired a seafood distributor based in California.
The company has purchased All Seas Wholesale, Inc., a distributor of up to 40 species of fresh seafood, live shellfish, and frozen seafood products. The transaction was completed in mid-February of this year.
The is just one of several acquisitions that the company has announced over the last couple of months. Cooke announced its acquisition of Latin American shrimp company Seajoy Seafood Corporation Group back in February and Farallon Aquaculture de Nicaragua S.A. last week.
“Purchasing All Seas allows us to continue to strengthen our vertical integration and distribute our True North Seafood products to additional markets,” said Glenn Cooke, CEO of Cooke Inc., in a news release.
“All Seas prides itself on being able to receive an order early in the morning and have it delivered fresh to the customer to serve on their lunch menu that same day, and that fits very well with our drive for high standards in both top quality products and customer satisfaction.”
For 33 years, All Seas Wholesale, Inc. has been servicing the San Francisco Bay area’s hotels, country clubs, airline & event caterers, upscale retail markets, and restaurants as a same-day purveyor of the finest quality seafood. The company said the terms of the transaction have not been disclosed as both companies are private family-owned businesses.
“We are thrilled to have joined the Cooke family of companies. Cooke is respected globally for delivering delicious, sustainable seafood products and now All Seas Wholesale will be taken to the next level serving customers,” said Peggy Howse, general manager at All Seas Wholesale.
“95 per cent of All Seas Wholesale employees have been with the company for over 10 years,” added Howse. “Our devoted professionals have united with the top seafood team dedicated to offering freshest seafood imaginable.”