Second round of large acquisitions announced this week for salmon farmer.
Cooke has acquired All Seas Wholesale of California, a distributor of up to forty species of fresh seafood, live shellfish, and frozen seafood products. The transaction was completed in mid-February of this year, the company wrote in a press release on Tuesday evening.
On Monday, the salmon farmer announced that it had acquired Farallon Aquaculture de Nicaragua (“Farallon Nicaragua”), a producer and supplier of farmed and branded fresh-frozen shrimp.
For 33 years, All Seas Wholesale has been servicing the San Francisco Bay area’s hotels, country clubs, airline & event caterers, upscale retail markets, and restaurants with a range of seafoods.
“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. “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.”
“We are thrilled to have joined the Cooke family of companies,” said General Manager All Seas Wholesale Peggy Howse. “Cooke is respected globally for delivering delicious, sustainable seafood products and now All Seas Wholesale will be taken to the next level serving customers.”
“95% 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.”
The terms of the transaction have not been disclosed as both companies are private family-owned businesses.