Santa Monica Seafood Acquires Several Fish, Seafood Companies
SantaMonica Seafood, Rancho Dominguez, Calif., signed a definitive purchase agreement to acquire most of the seafood division assets of Prospect Enterprises, Inc., a Los Angeles-based seafood processor and distributor. The acquisition includes companies doing business as American Fish & Seafood, Chesapeake Fish, LA Fish Co. and Cactus Cove. The transaction does not include Kansas Marine, Prospect Enterprises’ cruise line support business and Central Fish Co., a Fresno, Calif., retail store.
“American Fish has 68 years of operating history with a well-established reputation for supplying high-quality seafood,” says Roger O’Brien, chief executive officer of Santa Monica Seafood. “Ernie Doizaki, chairman of Prospect Enterprises, has been a pioneer and role model for seafood business success for decades in the California foodservice industry. Ernie trusts us with the legacy he has created, and we are accepting the challenge and responsibility of continuing the legacy he has so well established.”