Quebec Private Equity Creates $140 Million Lobster and Crab Group Merging Riverside and Cheticamp
SEAFOODNEWS.COM by John Sackton August 2, 2017
The Montreal based private Equity Firm Champlain Financial has purchased Riverside Lobster of Nova Scotia, and will merge the company with Cheticamp Fisheries, which it purchased in May, 2017.
The primary products of Riverside and Cheticamp are lobster and snow crab.
The group will be led by Marc Poulin, formerly CEO of Sobey’s, who will become the executive chairman of Champlain’s seafood platform.
"Both companies are strategically located in the most productive crab and lobster regions of the Nova Scotia Coast. I am ...
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