date:Jan 17, 2020
A joint venture between shellfish specialist Clearwater Seafoods and seafood wholesaler Quin-Sea Fisheries will take over operations of a shrimp processing plant in St. Anthony, Newfoundland.
The transaction comes at a time when Canadas northern shrimp fishery has declined significantly and raw material supply to the plant has been reduced in recent years.
The joint venture will strengthen processing volume and, according to Ian Smith, CEO of Clearwater Seafoods, diversify the species processe