Quin-Sea and Clearwater Announce St. Anthony Joint Venture Approval
Quin-Sea Fisheries Ltd., a division of Royal Greenland, and Clearwater Seafoods recently announced the application to transfer the processing license for a St. Anthony fish plant has now been approved by the Newfoundland and Labrador Minister of Fisheries, Forestry and Agriculture.
This allows the companies to move forward with the deal, in which Quin-Sea Fisheries Ltd. will assume management responsibility for the plant on behalf of the new joint venture, St. Anthony Seafoods Ltd.
Royal Greenland Invests in Quin-Sea Fisheries of Canada
On Dec. 3, Royal Greenland announced its investment in Newfoundland-based seafood producer Quin-Sea Fisheries Limited.
Royal Greenland is a vertically integrated fishing, production and marketing company, which is focused on North Atlantic wild-caught fish and shellfish. With revenues of around 5 billion DKK, Royal Greenland is the largest producer in the world of coldwater prawns, Greenland halibut and lumpfish roe.
Quin-Sea Fisheries annually processes and sells more than 11,000 metric ...