Tag Archives: Old Perlican
Royal Greenland buying 4 more N.L. fish plants – FFAW raising red flag over corporate concentration and foreign ownership
A Crown corporation owned by the Greenland government is set to become the largest fish processor in Newfoundland and Labrador, dramatically changing the landscape of the province’s fish-processing industry. In a deal recommended by the Fish Processing Licensing Board and approved by Fisheries Minister Elvis Loveless, Royal Greenland is taking controlling interests in Quinlan Brothers fish plants in Old Perlican, Bay de Verde and Baie Verte. Royal Greenland subsidiary Quin-Sea Fisheries will take over valuable crab, shrimp and other processing licences owned by Quinlan Brothers. Royal Greenland is also taking a controlling interest in St. Anthony Seafoods in a partnership with Clearwater Seafoods. >click to read< 17:29
Outside buyers allowed in cod market as fishermen protest in St. John’s, Old Perlican
Buyers from outside the province will have a 14-day window to purchase cod from Newfoundland and Labrador harvesters, Gerry Byrne’s announcement comes as members of the The Fish Food And Allied Workers Union set up on the waterfront in St. John’s Monday morning, giving their cod catches away for free to protest what they say is a processors’ refusal to buy it. Union members are also protesting outside the Royal Greenland plant in Old Perlican, and the FFAW said it submitted an official request to Byrne Monday morning, asking that outside buyers be allowed into the market. >click to read< 16:48
Danish company poised to take majority ownership in Quin-Sea Fisheries
One of Newfoundland and Labrador’s largest seafood processing companies is about to undergo a change in ownership, with Royal Greenland of Denmark poised to buy a majority ownership in Quin-Sea Fisheries Limited. Details of the purchase have not been disclosed, and the deal is contingent on the approval of the provincial government. Quin-Sea spokesman Gabe Gregory says it is a positive development for the industry, since Royal Greenland is a very large company with access to an extensive marketing and sales network in Europe and Asia. Read the article here 12:22
