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Premium Brands notches up yet another acquisition with Ready Seafood

September 4, 2018 Canada, New England

Canadian food producer Premium Brands Holdings is adding yet another company to its extensive list of acquisitions this year with the purchase of US-based processor Ready Seafood Co. Premium Brands said in a statement today (4 September) it has signed a “definitive agreement” to acquire Ready Seafood located in Portland, Maine. The company was founded in 2004 by brothers John and Brendan Ready and has annual sales of around US$100m. Ready Seafood processes, distributes and markets lobsters for the US market from its three production facilities in Maine. >click to read<18:47

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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