Fortune Fish & Gourmet, a leading processor, distributor and importer of seafood, meats, and gourmet products, has acquired CCT Logistics, a Theodore, Alabama-based 68,000-square-foot cold storage facility. Terms of the transaction were not disclosed.
Already one of the nation’s largest seafood and specialty food processors and distributors, this acquisition further expands Fortune International’s growth. The addition of CCT positions Fortune to better service the Gulf States, and provides additional logistical support and cold-storage capacity for the entire Fortune Fish & Gourmet network.
Fortune Fish & Gourmet Gulf States will be operating out of the CCT facility. CCT will be converted to Fortune’s state-of-the-art ERP, inventory management, and routing software.
“We are excited to strengthen our logistics throughout all our operations and increase our frozen storage capacity with the addition of CCT. Fortune’s domestic and imported products will be strategically stored at the CCT facility, which is well positioned to distribute to our operating companies and customers throughout the United States, says Sean J. O’Scannlain, Fortune’s President & CEO. "We are delighted to welcome the talented CCT team to the Fortune family.”
CCT represents Fortune International’s tenth transaction since launching its acquisition strategy in 2012, which has been further accelerated since entering into a partnership in 2020 with Investcorp, a leading global alternative asset manager. Fortune’s previous acquisitions include JDY Gourmet in 2012, Chef Martin Old World Butcher Shop in 2014, Coastal Seafoods in 2016, Morey’s Seafood International of Missouri in April of 2019, Classic Provisions Inc. in June of 2019, Jubilee Seafoods in July of 2019, Seattle Fish of Missouri in January of 2020, EuroGourmet in March of 2020 and Neesvig’s Inc. in November of 2020.
Fortune International is the parent company operating:
Fortune Fish & Gourmet in Bensenville, IL, Windsor, WI, Saint Louis, MO, Kansas City, MO, Minneapolis, MN, Theodore, AL, and Picayune, MS, Fortune Imports, Chef Martin’s Old World Butcher Shop, Coastal Seafoods retail stores, Empire Fish retail store, and Neesvig’s Fulfillment Center. Fortune Fish & Gourmet is a full-service processor and distributor providing white-tablecloth restaurants, private clubs, elegant hotels and gourmet retail stores with the finest quality fresh, live and frozen seafood and gourmet foods. Fortune handles more than 10,000 seafood and gourmet products, selected to exceed the high standards embraced by their quality focused customer base. Fortune currently services customers throughout the Central United States with a fleet of refrigerated vehicles and nationally through FedEx and common carriers. Since 2001, Fortune International has brought innovation to the food business, consistently raising the bar for integrity, quality, sustainability and service.