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Sealaska buys NESI in deal that creates international business

Christian Fernsby |
Sealaska and New England Seafood International Limited (NESI) are forging an unprecedented alliance.

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Sealaska has acquired NESI in a deal that secures management continuity, with founder Fred Stroyan retaining a stake.

This partnership of two market leaders from different corners of the world creates an international business that builds on shared, long-standing commitments to fostering a thriving planet. The combined operations will focus on efficiently converting seafood from healthy fisheries around the globe to deliver innovative, tasty, nutritious products that help inspire consumers to eat more delicious, healthy fish.

The alliance provides a unique platform from which to influence change and impact the factors that matter most to the long-term health of the industry and Earth’s oceans.

“One of the biggest challenges facing humanity is how to feed, water, educate and house a growing population on a finite planet,” said Sealaska COO Terry Downes. “Enormous social, environmental and economic value is possible when strong, like minded organizations join forces across the world to make a bigger difference. Solving our most pressing problems requires working together with a global mindset.”

NESI CEO Dan Aherne said NESI’s values and deep connection to Alaska strongly align with Sealaska.

“Whilst Southeast Alaska and London could not be farther apart in geography and way of life, Sealaska and NESI are natural partners connected at the source, via product categories and by values and approach,” Aherne said. “Both businesses share a clear vision around inspiring consumers to enjoy more seafood. Both take a long-term, global view to enhancing lives and promoting a thriving planet.”

Joining forces will offer both businesses increased access to resources, broader product and category capabilities and deeper market access. The enlarged seafood group and enhanced management capacity provides opportunity for further investments to build on successes.

NESI founder Stroyan will stay on as a member of NESI’s Board of Directors. Key members of the company’s leadership team, including Aherne, will continue in their roles. NESI’s brand will remain independent and continue its three-decade journey.

“NESI grew from my passion for bringing the world’s best seafood to the UK,” Stroyan said. “This alliance solidifies my vision for a globally connected seafood enterprise that is committed to trusting relationships, quality products and ocean health. I’m proud of this legacy and thrilled about what we can accomplish together.”

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