Blue Harvest Fisheries Acquires Hygrade Ocean Products

blue harvest, scallopBlue Harvest Fisheries, LLC has today announced the acquisition of Hygrade Ocean Products Inc. Hygrade is a New Bedford, Massachusetts, based processor and distributor of scallops, cod, and other premium fish products. By virtue of the acquisition, Blue Harvest will begin marketing and distributing Company-landed scallops, bluefin tuna, and swordfish directly to customers. With operations in Newport News, Virginia, and Fairhaven, Massachusetts, Blue Harvest owns a fleet of 15 scallop vessels and is an active participant in the bluefin tuna and swordfish fisheries. “By vertically integrating, Blue Harvest can now provide its customers with greater product traceability, quality assurance, and variety,” said Mr. Jeff Davis, CEO of Blue Harvest. He continued by saying, “The acquisition of Hygrade is consistent with our strategy of building a vertically integrated premium seafood company.” Read the rest here 10:09