Moroccan conglomerate Mutandis has made a purchase in the US, acquiring long-standing seafood brand Season from locally-based RAB Food Group.

The deal, for an undisclosed amount, sees Mutandis, an industrial group specialising in household product businesses, taking over a 100-year-old brand best known for its canned sardines.

Casablanca Stock Exchange-listed Mutandis, which counts French private-equity firm Amethis as a shareholder, already owns the Josiane and Marine canned fish brands.

New Jersey-based Season’s products are sold via the retail and club channels in the US with Walmart and Costco among its customers. It turned over US$54.6m for the fiscal year ending 30 June 2020. It sources its seafood from around the world, including from Morocco which is a major player in canned sardines.

Mutandis said the deal will provide it with access to the main distribution chains in the US for its Moroccan food products.

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By GlobalData

RAB Food Group is affiliated to the Manischewitz kosher food company and private-equity firm Bain Capital Credit.