Cargill looking for “hot areas” acquisitions to process and produce seafood

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EWOS owner is “scouting for opportunities.”

Bloomberg reports that the food giant Cargill is looking to enter the “USD 400 billion global fish market”.

Chief Executive Officer Dave MacLennan said in an interview that the company has “an active game board of opportunities that are at various stages of conversation”.

“We want to further integrate in the seafood supply chain and we don’t own anything yet, but we are scouting for opportunities,” he added.

“Fish and seafood, bio-industrials, health and food technologies are three of the ‘what’s hot’ areas for us,” added MacLennan.

In 2015, Cargill entered the salmon feed market when it acquired EWOS for USD 1.5 billion.