M&A Deal Summary

Cooke Aquaculture Acquires Icicle Seafoods

On May 9, 2016, Cooke Aquaculture acquired food company Icicle Seafoods from Convergence Holdings and Dominion Catchers

Acquisition Highlights
  • This is Cooke Aquaculture’s 2nd transaction in the Food sector.
  • This is Cooke Aquaculture’s 1st transaction in the United States.
  • This is Cooke Aquaculture’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-05-09
Target Icicle Seafoods
Sector Food
Buyer(s) Cooke Aquaculture
Sellers(s) Convergence Holdings
Dominion Catchers
Deal Type Divestiture

Target

Icicle Seafoods

Seattle, Washington, United States
website
Icicle Seafoods, Inc. is a diversified seafood harvesting and processing company. Icicle's core business is the primary processing of seafood including wild salmon, pollock, halibut, cod, sablefish, and herring. Icicle Seafoods was founded in 1965 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Cooke Aquaculture

Blacks Harbour, New Brunswick, Canada

website

Category Company
Founded 1985
Sector Food
DESCRIPTION

Cooke Aquaculture, Inc. is an aquaculture company.

DEAL STATS #
Overall 2 of 3
Sector (Food) 2 of 3
Type (Divestiture) 2 of 2
State (Washington) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-20 Acquaculture Feed Business - Nutreco BV

Canada

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-06 Omega Protein

Houston, Texas, United States

Omega Protein Corp. is a nutritional product company that develops, produces and delivers healthy products to human and animal nutrition markets. Omega Protein was founded in 1913 and is based in Houston, Texas.

Buy $500M

Seller(S) 2

SELLER

Convergence Holdings

United States
Category Company
Sector Food
DESCRIPTION

Convergence Holdings, Inc. is a provider of wild seafood processing services.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-26 Icicle Seafoods

Seattle, Washington, United States

Icicle Seafoods, Inc. is a diversified seafood harvesting and processing company. Icicle's core business is the primary processing of seafood including wild salmon, pollock, halibut, cod, sablefish, and herring. Icicle Seafoods was founded in 1965 and is based in Seattle, Washington.

Buy -
SELLER

Dominion Catchers

St. Petersburg, Florida, United States
Category Company
Sector Food
DESCRIPTION

Dominion Catchers LLC is a provider of seafood processing services.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-26 Icicle Seafoods

Seattle, Washington, United States

Icicle Seafoods, Inc. is a diversified seafood harvesting and processing company. Icicle's core business is the primary processing of seafood including wild salmon, pollock, halibut, cod, sablefish, and herring. Icicle Seafoods was founded in 1965 and is based in Seattle, Washington.

Buy -
Mergr

Product

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