USA: Global Food Exchange Acquires Gloucester Seafood Display Auction to Establish the Largest Internet-based Bidding System for Fresh Seafood
Global Food Exchange, the largest and most active business-to-business marketplace for the $800 billion global food industry, announced today that it has acquired Gloucester Seafood Display Auction (GSDA) to create a neutral, efficient platform to conduct daily online auctions for fresh seafood. Founded in 1997, with current annual gross transaction value in excess of $20 million dollars, Gloucester Seafood Display Auction has become the largest daily auction of fresh seafood in North America with annual volume in excess of 20 million pounds.
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