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Ocean Beauty and Icicle Seafoods announce merger

 

Ocean Beauty Seafoods LLC and Icicle Seafoods, Inc. will be merging their wild salmon and Gulf of Alaska groundfish operations effective June 1, the two companies announced in a joint-statement on Friday, May 29.

Both companies will each own a 50 percent stake in the new company, which will be called OBI Seafoods LLC. The company looks to modernize processing facilities and combine marketing product expertise. The merger has been in the works since the fall of 2018, said Mark Palmer, president and CEO of Ocean Beauty Seafoods, in a statement to the Pilot.

All five Icicle shoreside plants an...



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