Cooke Seafood Enters into Shrimp Farming with Acquisition of Seajoy Corporation
Cooke Seafood confirmed late last week that they have completed the acquisition of Seajoy Seafood Corporation group, one of the largest vertically integrated, premium shrimp farms in Latin America.
Seajoy produces value-added and organic Pacific white shrimp. The company has farms, processing plants, hatcheries and breeding programs located in Honduras and Nicaragua. Talk of Cooke acquiring Seajoy has been ongoing since June. At the time several groups were interested in purchasing the shrimp producer, but Cooke was considered the favorite in the deal...
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