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Cooke moves in on shrimp sector

19 February 2019, at 9:57a.m.

Cooke Seafood, the parent company of Cooke Aquaculture, has acquired Seajoy Seafood, a Central American organic shrimp producer, for an undisclosed sum.

According to Agri Investor, the deal is part of the New Brunswick-based firm’s plan to become “one of the largest seafood conglomerates in the world”, having already bought up operations including the UK’s Meridian Salmon Farms and Icicle Seafoods in the northwest of the USA.

Seajoy produces organic whiteleg shrimp (Litopenaeus vannamei) at seven farms - covering 3,500 hectares - in Nicaragua, Honduras and El Salvador. The company also operates processing plants, hatcheries and breeding facilities that produce shrimp for customers in Europe, Asia and the Americas.