Seafood Processing & Handling

*Note: All financial figures are in CAD.*

The fishing industry along the eastern coastline of Canada is wholly interconnected to the community and local economy. The long history of the seafood trade is imbued throughout the region as a dominant driver of commerce with considerable capabilities and significant impacts. Each boat, crew of fishermen, and haul of catch feeds a powerful and deeply rooted market that has a global reach in the modern era. This processing and handling plant is one of the larger such entities, an integral force of commercial business at both the local and international levels, and is well-positioned for immediate expansion due to recent physical investment.

“We currently process and handle live lobster, halibut, and we supply bait. We are located adjacent to the pristine cold waters of the North Atlantic. Our annual sales are anywhere from $35 to $50 million and growing, especially with our recent acquisitions and expansions to infrastructure.” - Owner/Operator

The current owner has grown the business throughout the past several years, tapping into innate trade knowledge gained from a family lineage of professional mariners, as well as employing a keen eye for opportunities to maximize materials and resources. By holding the quality of their seafood products to the highest standard, maintaining and propagating exceptional working relationships at every stage of the pipeline, and making strategic service decisions, the plant has become a recognizable and respected global player. A loyal, deeply experienced and capable team oversees the whole operation and allows every aspect of the company to run like a well-oiled machine. As a result, both EBITDA and SDE have been increasing as a % of Revenue.

The buildings and facilities are in desirable and functional oceanfront locations, are outfitted with specialized equipment, and provide extra capacity for further expansion. The high demand for premium halibut, lobster, and bait consistently generates a rolling stream of revenue, and the company’s very satisfied customer base stretches across the globe, where it is known for leadership in low product losses. Always putting product excellence first, this seafood processing and handling entity has a proven track record of adeptly navigating the waters of a dynamic, seasonally-driven industry.