Tag Archives: Quin-Sea
Quinlan Bros. to be sold to Royal Greenland in another N.L. fishery shakeup
In a stunning move, the owners of Quinlan Brothers Limited — one of Newfoundland and Labrador’s largest and best-known seafood processing companies — have announced the proposed sale of their company to Royal Greenland. The sale involves the transfer of licenses, so it is subject to provincial government approval. The deal is expected to close later this year, following the end of the 2020 processing season. If approved, the deal will mean that Quinlan Brothers Limited and Quin-Sea Fisheries Limited will once again be under common ownership. >click to read< 11:57
Must Read – Fears for our fishery, Father Ed Brophy, St. Alban’s
Fellow Newfoundlanders, according to the news, a large Newfoundland fish company called Quin-Sea is about to be taken over by an even larger company from Denmark. The Danish company is called Royal Greenland. I find this disturbing. For me, it is a cause for grave concern. With the stroke of a pen, with the signing of a bill of sale, Royal Greenland of Denmark will be the major shareholder in one of Newfoundland’s largest fish-producing companies. In other words, major decisions about the company, the quotas the catching of shrimp and crab, the production — in fact, all major decisions — could be made by a large company in Denmark. Read the op-ed here, and think! 09:23
