Divestiture • Food

Pacific Seafood Acquires Trident - Kodiak Operations

On December 18, 2024, Pacific Seafood acquired food company Trident - Kodiak Operations from Trident Seafoods

Acquisition Context
  • This is Pacific Seafood’s 1st transaction in the Food sector.
  • This is Pacific Seafood’s 1st transaction in the United States.
  • This is Pacific Seafood’s 1st transaction in Alaska.

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M&A Deal Summary

Date December 18, 2024
Target Trident - Kodiak Operations
Sector Food
Buyer(s) Pacific Seafood
Sellers(s) Trident Seafoods
Deal Type Divestiture

Target Company

Trident - Kodiak Operations

Kodiak, Alaska, United States
Trident's Kodiak Operations provides seafood.
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Buyer Overview 1

Buyer

Pacific Seafood

Clackamas, Oregon, United States

Category Company
Founded 1941
Sector Food
DESCRIPTION

Pacific Seafood provides healthy protein that manages all parts of the supply chain from harvesting/fishing, processing, and distribution to provide customers with fresh, sustainable, and high-quality products. Pacific Seafood was founded in 1941 and is based in Clackamas, Oregon.


Deal Context for Buyer #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
State: Alaska 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

Trident Seafoods

Seattle, Washington, United States

Category Company
Founded 1973
Sector Food
DESCRIPTION

Trident Seafoods Corp. is a seafood harvesting, processing and marketing company which produces a wide range of products, including salmon, crab, halibut, cod and pollock fillets. It also produces and markets surimi analog products, such as surimi crab and scallops.


Deal Context for Seller #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
State: Alaska 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-14 ConAgra Foods - Surimi Business

Motley, Minnesota, United States

ConAgra Foods - Surimi Business serves both retail and foodservice customers and includes the Louis Kemp brand.

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