Trident Seafoods acquires German seafood processor
Trident can now offer European customers the assurance of full control of its product supply chain.
Trident Seafoods Corp., Seattle, Wash., announced plans to enter the value-added seafood processing business in Germany with the acquisition of Pickenpack Vertriebs (PPV) and The Seafood Traders (TST) processing facility in Riepe, Germany.
“For 43 years, we have been focused on vertical integration,” says Joe Bundrant, chief executive officer of Trident Seafoods. “From the Source to the Plate is not only our motto, but [also] a fundamental value at Trident. The company we acquired today has long been a major user and marketer of single-frozen wild Alaska Pollock, and this is a logical fit for us. Trident can now offer European customers the assurance of full control of our product supply chain at a time when transparency is becoming increasingly important to consumers.”