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High Liner nears $100m in scallop sales with American Pride deal

Acquiring American Pride – the result of talks first unveiled by Undercurrent News — will also give High Liner direct access to scallop sourcing. Since it sold its fishing business in 2003, High Liner has procured most of its scallop from producers, such as Clearwater. American Pride, in contrast, secures its scallop straight from New Bedford’s fishing vessels and auction. High Liner was “very happy” to acquire American Pride’s plant in New Bedford, which has an annual capacity of 50 million pounds, said Demone. “Our plan is to operate it and increase its production… We will be doing everything American Pride currently does and add millions of pounds on an annual basis.” [email protected] 13:48