Santa Monica Seafood Announces Purchase of Seattle Fish Company of New Mexico
SEAFOODNEWS.COM [SeafoodNews] March 9, 2018
Santa Monica Seafoods, one of the largest specialty seafood distributors in the Southwest, announced today a definitive purchase agreement to acquire the assets of Seattle Fish Company of New Mexico, Inc.
Seattle Fish Company of New Mexico has no relationship to Seattle Fish Co. in Denver, Colorado.
Roger O’Brien, President and CEO of Santa Monica Seafood, said “This transaction continues our goal of growth and expansion. We recently announced the opening of a new packaging and distribution facility in Illinois. This acquisition will provide us coverage throughout New Mexico and West Texas. Seattle Fish Company of New Mexico has 31 years of operating history with a well-established reputation for supplying high quality seafood. They will continue to do business as Seattle Fish Company of New Mexico and they will be run as a separate, stand-alone division of Santa Monica Seafood. We will maintain all of their existing facilities and hopefully all their existing personnel.”
Santa Monica Seafood will acquire, in addition to the customer base and operating facilities, the trade receivables
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