Baltimore venture capital investorBradmer Foods LLCsaid it acquired an undisclosed equity stake inBlue Horizon Organic Seafood Co., a processor of organic frozen skillet meals and appetizers. Terms of the deal were not disclosed.
"Given the challenging economic times, we are pleased to be able to partner with another seasoned entrepreneur on one of the few deals done this year. Greenmont Capital and Renewal2 Social Investment Fund share our commitment to capitalizing on the consumer demand for better seafood choices," said Adam Borden, Bradmer Foods managing director.
Said Blue Horizon CEO & Co-Founder John Battendieri, "We are the premier branded processed clean seafood company in the United States and will be better able to take advantage of the sustainable seafood trend happening in America with this current round of financing."
Other Bradmer Foods investments include Adina For Life (www.adinaworld.com), Charles Chocolates (www.charleschocolates.com), Organic To Go (www.organictogo.com) and Sambazon (www.sambazon.com).