FISHERY PRODUCTS INTERNATIONAL TO ACQUIRE CLEARWATER
By Adnews Staff
Fishery Products International Ltd. of St. John's, NFLD has signed a deal to aquire Clearwater Fine Foods Inc. of Bedford, NS for CDN$510 million. The purchase will create the largest seafood company in Canada. FPI's brands include Mirabel, Atlantic Queen, Clear Spring and Fresh Water Fish. Clearwater's seafood products include lobster, Jonah crab, sea scallops and Canadian cold water shrimp.
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