Everything We Know About Ocean Beauty’s Plan To Sell Their Distribution Business
Ocean Beauty Seafoods shocked the industry on Wednesday when the company announced that they would be selling their distribution business.
According to Ocean Beauty, the decision is part of the long-term business strategy of their owners, Bristol Bay Economic Development Corporation, as well as three individual investors – Howard Klein, Michael Selby and Ronald Shaw – who “are looking to turn their focus to other investments.”
“The owners feel that this is a good time to explore selling the distribution operation due to...
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