US seafood producer Icicle Seafoods has reached a preliminary agreement to acquire Snopac Products for an undisclosed sum.
Snopac is an independently owned and operated seafood processing company with operations in Alaska and Seattle.
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“We are excited about this transaction, which allows Icicle to expand its operations through a modernised shore-based processing facility and an efficient vessel processing platform,” Icicle president and CEO Dennis Guhlke said yesterday (29 February). “This strategic acquisition is another step in our growth strategy as a leading processor of salmon and other seafood products.”
The deal is subject to due diligence and other customary closing conditions.
