Cooke Ready to Expand Hake and Red Crab Exports from Uruguay After Fripur Purchase
SEAFOODNEWS.COM [SeafoodNews] December 15, 2016
Cooke Aquaculture completed the purchase of Latin American seafood company Fripur this week in a deal that gives Cooke more access to export hake and red crabs from Uruguay and Argentina to overseas markets.
The deal was first announced in mid-November. Cooke hired Antarctica Advisors to manage the deal. The transaction was officially completed this week.
“The acquisition of Fripur will strengthen our position and fuel growth in Latin America. We will work diligently to once again make Fripur a world class seafood exporter. The Seafood Team at Antarctica leveraged its knowledge of the business and its relationships in the region to successfully negotiate and execute the transaction,” said Glenn Cooke, CEO of Cooke Aquaculture...
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