10 May DEAL OF THE MONTH: MITSUI ENTERS STRATEGIC PARTNERSHIP TRANSACTION WITH MARK FOODS
Antarctica Advisors, the leading seafood industry-focused M&A advisory firm and a member of Clairfield International, acted as the exclusive investment banking advisor to Mitsui & Co in a strategic partnership transaction with Mark Foods, a New York-based importer and marketer of quality seafood products to high-end retailers, distributors, and restaurant groups in the US.
Mitsui & Co is the US subsidiary of Mitsui & Co Ltd, one of the largest general trading companies in Japan and publicly traded on the Tokyo stock exchange. The group owns considerable seafood resources worldwide, including shrimp farming operations in Asia and salmon farming operations in South America.
Mark Foods is a leading supplier of Chilean sea bass, a popular, premium item in the US seafood market. The company also supplies lobster, octopus, crab, mussels, shrimp, and other specialty seafood products to top-tier retailers and foodservice customers across the US.